Question $4$ of $5$

$\frac{0\mathrm{.}71}{2}$

Knowledge Check

You deposit $$500$ today into a fund that you intend to leave invested for $6$ years. The fund earns $4\%$ interest compounded annually. Indicate the inputs to be entered into the financial calculator keys. What is the value of the fund to be accumulated at the end of year $6?($Round future value answer to two decimal places $($e$.$g$.,52\mathrm{.}75)$ and interest rate to one decimal place $($e$.$g$.,527\mathrm{.}5).)$

Inputs $$

$$

$$ N$/$A $?$

Calculator Keys

N

$1$

PV

PMT FV

Future value

$

Question $4$ of $5$

$\frac{0\mathrm{.}71}{2}$

Knowledge Check

You deposit $$500$ today into a fund that you intend to leave invested for $6$ years. The fund earns $4\%$ interest compounded annually. Indicate the inputs to be entered into the financial calculator keys. What is the value of the fund to be accumulated at the end of year $6?($Round future value answer to two decimal places $($e$.$g$.,52\mathrm{.}75)$ and interest rate to one decimal place $($e$.$g$.,527\mathrm{.}5).)$

Inputs

Calculator Keys

N

I

PV

N$/$A $?$

Future value

$