Using a future value calculator available on the Internet or the formula or the tables included in

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Using a future value calculator available on the Internet or the formula or the tables included in the Chapter 1 Appendix, complete the following table.Then answer the questions that follow the table.

Total Amount of Interest or Earnings Rate of Return Number of Years Investment Value at End of Time Period Total Amount


a. In the above situations, describe the effect that the rate of return has on the investment value at the end of the selected time period.

b. In the above situations, describe the effect that the number of years has on the investment value at the end of the selected time period.

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...
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Personal Finance

ISBN: 978-1259720680

12th edition

Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart

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