Question: 4. [-/1 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Calculate, to the nearest cent, the future value FV (in dollars) of an investment
4. [-/1 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the stated interest rate after the stated amount of time. 2.5% per year, compounded weekly (52 times/year), after 4 years FV- Need Help? Read Watch 5. (-/1 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Calculate the present value PV of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time. HINT (See Quick Example 4.] (Round your answer to the nearest cent.) 7 years, at 3% per year, compounded annually PV = 5 Need Help? Read
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