Question: Future Values. Compute the future value of a $ 1 0 0 cash flow for the following combinations of discount rates and times. Include the

Future Values. Compute the future value of a $100 cash flow for the following combinations of discount rates and times. Include the formula used to make the calculations. The general formula is:
Future Value = Present Value *(1+ r)t
a. r =12%; t =10 years
b. r =12%; t =20 years
c. r =7 percent; t =10 years
d. r =7 percent; t =20 years

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!