Future Values. Compute the future value of a $100 cash flow for the same combinations of rates

Question:

Future Values. Compute the future value of a $100 cash flow for the same combinations of rates and times as in problem 1.

a. r = 8 percent, t = 10 years.

b. r = 8 percent, t = 20 years.

c. r = 4 percent, t = 10 years.

d. r = 4 percent, t = 20 years

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...