Question: Problem 4-2 Calculating Future Values a. Compute the future value of $2,000 compounded annually for 10 years at 8 percent. (Do not round intermediate calculations

Problem 4-2

Calculating Future Values

a. Compute the future value of $2,000 compounded annually for 10 years at 8 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $

b. Compute the future value of $2,000 compounded annually for 10 years at 11 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $

c. Compute the future value of $2,000 compounded annually for 15 years at 8 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $

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