Question: Compute the future value (rounded to the nearest dollar) of the following investments: 1. $15,842 invested to earn interest at 6% compounded annually for 4

Compute the future value (rounded to the nearest dollar) of the following investments:

1. $15,842 invested to earn interest at 6% compounded annually for 4 years.

2. $30,920 invested to earn interest at 4% compounded semiannually for 6½ years.

3. $6,846 invested to earn interest at 16% compounded quarterly for 5 years.

4. $959 invested to earn interest at 10% compounded semiannually for 25 years.


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