Question: a. Compute the future value of $1,000 compounded annually for 20 years at 6 percent. b. Compute the future value of $1,000 compounded annually for

a. Compute the future value of $1,000 compounded annually for 20 years at 6 percent.

b. Compute the future value of $1,000 compounded annually for 15 years at 9 percent.

C. Compute the future value of $1,000 compounded annually for 25 years at 6 percent.

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