Question: Future Value. How much will you have in 36 months if you invest $75 a month at 3% annual interest? In 36 months, you will
Future Value. How much will you have in 36 months if you invest $75 a month at 3% annual interest? In 36 months, you will have $ (Round to the nearest cont.) (Use your financial calculator or you may use the Financial Tables in Appendix C in computing your answer) Table C.1 Future Value Interest Factors for $1 Compounded at i Percent for n Periods: FV = PV X FVIF. Table C.2 Present Value Interest Factors for $1 Discounted at i Percent for n Periods: PV = FV X PVIF, Table C.3 Future Value Interest Factors for a $1 Annuity Compounded at i Percent for n Periods: FVA PMT X FVIFA Table C.4 Present Value Interest Factors for a $1 Annuity Discounted at i Percent for n Periods: PVA - PMT X PVIFA
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