Question: help Using the compound interest formula given in class, solve for the following 3 FV's: 1) PV=$10,000,r=8%,t=10 years 2) PV=$40,000,r=10%,t=20 years 3) PV=$20,000,r=5%,t=30 years
Using the compound interest formula given in class, solve for the following 3 FV's: 1) PV=$10,000,r=8%,t=10 years 2) PV=$40,000,r=10%,t=20 years 3) PV=$20,000,r=5%,t=30 years
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