Question: I dont understand how they got that answer webcourses.ucf.edu What Is The Future Value Ot iz 5 Time Value of Money: GEB3006-17Fall ORO1 orrect Answer

I dont understand how they got that answer

webcourses.ucf.edu What Is The Future Value Ot iz 5 Time Value of Money: GEB3006-17Fall ORO1 orrect Answer $40,082.66 $38,771.52 Unanswered Question2 0/1 pts What is the present value of $13,500 received 5 years from now using a 16% interest or discount rate, with interest compounded daily? $5,230.18 Correct Answer $6,067.00 $30,039.54 $6,161.22 $6,223.44 Unanswered 0/1 pts What is the future value of $3,500 deposited at the beginning of each year for 5 years earning 6% interest compounded annually

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