Question: need help on 5and 6 Question 5 (1 point) Find the future value of an initial $100 compounded annually for 7 years at 3%. $100.21
Question 5 (1 point) Find the future value of an initial $100 compounded annually for 7 years at 3%. $100.21 $122.99 $16.05 $81.31 Question 6 (1 point) Find the future value of an initial $450 compounded annually for 10 years at 10%. (Answer to the nearest cent. I.e. one thousand dollars would be entered 1000.00) Your Answer: Answe
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
