Question: Given below are the future value factors for 1 at 8% for one to five periods. Interest compounded annually is 8%. Periods 1 2 Future

Given below are the future value factors for 1 at 8% for one to five periods. Interest compounded annually is 8%. Periods 1 2 Future Value of 1 at 8% 1.080 1.166 1.260 1.360 1.469 4 What amount will be in a bank account three years from now if $8,000 is invested each year for four years with the first investment to be made today? A. $8,000 x 1.360 x4

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