Question: Round the answer to 2 decimal points Exereise C-2 Calculate the future value of a single amount (L-0-2) You want to save for retirement. Assuming

Round the answer to 2 decimal points

Exereise C-2 Calculate the future value of a single amount (L-0-2) You want to save for retirement. Assuming you are now 20 years old and you want to retire at age 50 , you have 30 years to watch your investment grow. You decide to invest in the stock market, which has earned about 10% per year over the past 80 years and is expected to continue at this rate. You decide to invest $2,000 today. Required: How much do you expect to have in 30 years? (EV of S1, PV of S1. EVA of S1, and PVA of Si) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimel places.)

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