Question: Problem #3 Calculating Future Values (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Using the Future Value formula:

$Problem \#3 Calculating Future Values (Do not round intermediate calculations and$

Problem \#3 Calculating Future Values (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Using the Future Value formula: FV=PV(1+r)t FV = Future Value PV= Present Value r= interest rate t= time Compute the future value of $1,000 compounded annually for 10 years a. at 9 percent. Compute the future value of $1,000 compounded annually for 10 years b. at 12 percent. Compute the future value of $1,000 compounded annually for 15 years c. at 9 percent. Show all calculations

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