Find the future value. (Use the Table provided.) (Do not round intermediate calculations. Round the FV factor
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Find the future value. (Use the Table provided.) (Do not round intermediate calculations. Round the "FV factor" to 4 decimal places and final answer to the nearest cent.)
Present value | Length of time | Rate | Compounded | On FV Table 12.1 | FV factor used | Future value | |
Period used | Rate used | ||||||
$11,965.44 | 4 years | 12% | Quarterly | 16 | 3% | $ | |
Related Book For
Intermediate Accounting Volume 1
ISBN: 978-1119496496
12th Canadian edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
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