Question: Find the future value of (1) a single payment of $40,000 at 7 percent for ten years, (2) Ten annual payments of $4,000 at 7

Find the future value of (1) a single payment of $40,000 at 7 percent for ten years,
(2) Ten annual payments of $4,000 at 7 percent,
(3) A single payment of $12,000 at 9 percent for seven years, and
(4) Seven annual payments of $12,000 at 9 percent?

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