Question: Required Using Tables I, II, III, or IV in this appendix, calculate the following: a. The future value of $30,000 invested at 8 percent for
Required
Using Tables I, II, III, or IV in this appendix, calculate the following:
a. The future value of $30,000 invested at 8 percent for 10 years.
b. The future value of eight annual payments of $2,000 at 9 percent interest.
c. The amount that must be deposited today (present value) at 8 percent to accumulate $60,000 in five years.
d. The annual payment on a 10-year, 6 percent, $50,000 note payable.
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a 30000 x 2158925 64768 Table I 8 10 years b 2000 ... View full answer
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