Question: FUTURE VALUE (FV) SINGLE AMOUNT 1. Calculate the Future Value of $ 10,000 that is withdrawn from the bank in 5 years. Interest rate 6%.
FUTURE VALUE (FV) SINGLE AMOUNT 1. Calculate the Future Value of $ 10,000 that is withdrawn from the bank in 5 years. Interest rate 6%. 2. Calculate the Future Value of $ 1,000 that is withdrawn from the bank in 4 years. Interest rate 8%. 3. Calculate the Future Value of $ 8,000 that is withdrawn from the bank in 10 years. Interest rate 4%. 4. Calculate the Future Value of $ 50,000 that is withdrawn from the bank in 8 years. Interest rate 2%.
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