Question: Compute the future value and the compound interest earned for the following investment. Future Compound Principal Interest Rate Time Value Interest $12,600 12% compounded quarterly
- Compute the future value and the compound interest earned for the following investment.
Future
Compound
Principal
Interest Rate
Time
Value
Interest
$12,600
12% compounded quarterly
3 years
__________
__________
- Compute the future value and the compound interest earned for the following investment.
Future
Compound
Principal
Interest Rate
Time
Value
Interest
$18,700
6% compounded annually
17 years
__________
__________
- Compute the future value and the compound interest earned for the following investment.
Future
Compound
Principal
Interest Rate
Time
Value
Interest
$16,500
5% compounded annually
18 years
__________
__________
Compute the present value (principal) and the compound interest earned for the following investment.
Future
Present
Compound
Value
Interest Rate
Time
Value
Interest
$ 6,880
5% compounded quarterly
7 years
__________
_________
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