Question: Complete the following using the future value formula or financial calculator. (Do not round intermediate calculations. Round your final answers to the nearest cent.) Amount

Complete the following using the future value formula or financial calculator. (Do not round intermediate calculations. Round your final answers to the nearest cent.)

Amount Desired at end of Period $20,000

Time Rate Compounded Period Used Periodic Rate PV of Amount desired at end of period

20 years 8% Annually

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