Question: Calculating Future Values?Compute the future value of $3,550 compounded annually for: 1. 10 years at 6 percent. 2. 10 years at 8 percent. 3. 20

Calculating Future Values?Compute the future value of $3,550 compounded annually for: 1. 10 years at 6 percent. 2. 10 years at 8 percent. 3. 20 years at 6 percent. 4. Why is the interest earned in part (c) not twice the amount earned in part (a)?

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