Question: Future Value and Compound Interest Using the future value tables, solve the following: ( Click here to access the PV and FV tables to use
Future Value and Compound Interest
Using the future value tables, solve the following:
Click here to access the PV and FV tables to use with this problem.
Round your answers to two decimal places.
Required:
What is the value on January Year of $ deposited on January Year which accumulates interest at compounded annually?
What is the value on January Year of $ deposited on July Year which accumulates interest at compounded quarterly?
What is the compound interest on an investment of $ left on deposit for years at compounded annually?
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