Question: 1. Future value calculation Without referring to the preprogrammed function on your financial calculator, use the basic formula for future value along with the given

1. Future value calculation Without referring to the preprogrammed function on your financial calculator, use the basic formula for future value along with the given interest rate, i, and the number of periods, n, to calculate the future value of $1 in the case shown in the following table.

Interest rate 6% number of years 20 What is the future value of $1?

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