Question: E6.3B (LO 2,3,4) (Computation of Future Values and Present Values) Using the appropriate interest table, answer each of the following questions: (Each case is independent
E6.3B (LO 2,3,4) (Computation of Future Values and Present Values) Using the appropriate interest table, answer each of the following questions: (Each case is independent of the others.) (a) What is the future value of $14,000 at the end of 5 periods at 6% compounded interest? (b) What is the present value of $14,000 due 8 periods hence, discounted at 10%? (c) What is the future value of 15 periodic payments of $14,000 each made at the end of each period and compounded at 8%? (d) What is the present value of $14,000 to be received at the end of each of 20 periods, discounted at 12% compound interest
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