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 with

 Future Value and Compound Interest Using the future value tables, solve

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: 1. What is the value on January 1, 2026, of $40,000 deposited on January 1, 2019, which accumulates interest at 12% compounded annually? $ 88,427.2 X 2. What is the value on January 1, 2025, of $10,000 deposited on July 1, 2019, which accumulates interest at 16% compounded quarterly? $ 23,699.19 3. What is the compound interest on an investment of $6,000 left on deposit for 5 years at 10% compounded annually? 3,663.06 $

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