Question: Exercise 5-2 (Algo) Future value; single amounts (LO5-2] Determine the future value of $23,000 under each of the following sets of assumptions (FV of $1.

Exercise 5-2 (Algo) Future value; single amounts (LO5-2] Determine the future value of $23,000 under each of the following sets of assumptions (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.): Period Invested 1 = Future Value 1 2 Annual Rate 14% 16% 24% 7 years 4 years Interest Compounded Semiannually Quarterly Monthly Present Value $ 23.000 $ 23,000 $ 23,000 3 11 months

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