Question: Use Table FA 1 and Table FA 2 to determine the future

Use Table FA–1 and Table FA–2 to determine the future amounts of the following investments:
a. $20,000 is invested for 10 years, at 6 percent interest, compounded annually.
b. $100,000 is to be received five years from today, at 10 percent annual interest.
c. $10,000 is invested in a fund at the end of each of the next 10 years, at 8 percent interest, compounded annually.
d. $50,000 is invested initially, plus $5,000 is invested annually at the end of each of the next three years, at 12 percent interest, compounded annually.



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  • CreatedApril 17, 2014
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