Calculate the future value after 25 years in each of the following scenarios: a. $6000 invested at

Question:

Calculate the after 25 years in each of the following scenarios:
a. $6000 invested at end of each year earning 9% compounded annually.
b. $3000 invested at end of each half-year earning 9% compounded semiannually.
c. $1500 invested at end of each quarter earning 9% compounded quarterly?
d. $500 invested at end of each month earning 9% compounded monthly?
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...