Question: Brief Exercise 5 - 2 ( Algo ) Future value; single amount [ LO 5 - 2 ] You are saving for a new car.
Brief Exercise Algo Future value; single amount LO
You are saving for a new car. You place $ into an investment account today. How much will you have after four years if the account earns ab or c compounded annually?
Note: Use tables, Excel, or a financial calculator. Round your answers to decimal places. FV of $ PV of $ FVA of $ and PVA of $
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