Requirement

Using the appropriate future valuetable, compute the future value of the following amountsreceived:

a. $14,000 received at the end of each year for three years compounded annually at 13%.

The future value (FV) for this scenario is

$

.

b. $7,000 received at the beginning of each year for nine years compounded annually at 15%.

The future value (FV) for this scenario is

$

.

c. $12,000 received at the end of thefifth, sixth,seventh, and eighth years at 4%, compounded annually.

The future value (FV) for this scenario is

$

.