Construct a table and a graph showing the relationship between interest rates, time, and future value by showing how $8000 would grow each successive year over a 20-year period at different interest rates. 

Use $8000 for your present value and calculate the future value of this $8000 each year over the 20-year period at 0%, 3%, 6%, 9%, 12%, 15%, 18%, and 21% compounded semi-annually. 

Future Value should be the y-axis for your graph and years (or time) should be your x-axis and you should end up with a line for each interest rate on your graph. 

Answer rating: 100% (QA)

4 6 7 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 25 7 9 10 11 12 13 14 15 16 17 10 19 20 21 23 24 H 15 Year ON 35 6 9 12 15 18 21 1 15000 800000 824000 848000 872000 896000 920000 944000 968000 2 800... View the full answer