Question: 1. What is the future value after 4 years of a deposit of $35,000 made today, assuming interest of 10% compounded annually? 2. What is
1. What is the future value after 4 years of a deposit of $35,000 made today, assuming interest of 10% compounded annually?
2. What is the future value after 4 years of a deposit of $10,000 made today, assuming interest of 16% compounded quarterly?
3. What is the future value after 4 years of a deposit of $25,000 made today, assuming interest of 12% compounded semiannually?
4. What is the present value today of $30,000 due on after 4 years and discounted at 10% compounded annually?
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