Question: Compute the future value of: An initial $2,000 compounded annually for 10 years at 8% An initial $2,000 compounded annually for 10 years at 10%

  1. Compute the future value of:
    1. An initial $2,000 compounded annually for 10 years at 8%
    2. An initial $2,000 compounded annually for 10 years at 10%
    3. An annuity of $2,000 for 10 years at 8%
    4. An annuity of $2,000 for 10 years at 10%

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