Question: 4.3 Future value tables Use the future value interest factors in AppendixTable A1 ineach of the cases shown in the table on the facing page
4.3 Future value tables
Use the future value interest factors in AppendixTable A1 ineach of the cases shown in the table on the facing page toestimate, to the nearest year, how long it would take an initialdeposit, assuming no withdrawals,
1. To double.
2. To quadruple.
Case | Interest rate |
A | 7% |
B | 40 |
C | 20 |
D | 10 |
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