Question: Determine the future value based on annual compounding for each of the following: Principal Interest Rate Number of Year Future Value 18,500 5.2 7 80,000

Determine the future value based on annual compounding for each of the following:

Principal Interest Rate Number of Year Future Value
18,500 5.2

7
80,000 9.7 9
10,000 7.1 25
145,000 3.7 20
22,000 18.6 30

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