Future values For the case shown in the following table, calculate the future value of the single cash flow deposited today and held until the end of the deposit period if the interest is compounded annually at the rate specified. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Single cash flow Interest rate Deposit period (years) - $5,500 8% 10 The future value is $(Round to the nearest cent.) Time Value Personal Finance Problem Misty needs to have $20,000 in 4 years to fulfill her goal of purchasing a small sailboat. She is willing to invest a lump sum today and leave the money untouched for 4 years until it grows to $20,000, but she wonders what sort of investment return she will need to earn to reach her goal Use your calculator or spreadsheet to figure out the approximate annually compounded rate of return needed if she can invest $14,900 today. The annually compounded rate of return Misty needs to earn to reach her goal is % (Round to two decimal places.)