Question: Please explain and show work! Determine the future value of $29,000 under each of the following sets of assumptions (EV of $1. PV of $1.

Please explain and show work!

Determine the future value of $29,000 under each of the following sets of assumptions (EV of $1. PV of $1. FVA of $1. PVA of $1. EVAD of $1 and PVAD of $i) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.); Annual Rate Period Invested Interest Compounded Present Value Future Value 10% 10 years Semiannually Quarterly 8% 24% 29.000 29,000 29,000 16 months Monthly

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