Question: Soved Problem 9 - 5 ( Algo ) Future value [ LO 9 - 2 ] If you invest $ 1 5 , 0 0

Soved
Problem 9-5(Algo) Future value [LO9-2]
If you invest $15,000 today, how much will you have in each of the following instances? Use Appendix A as an approximate answer, but calculate your final answer using the formula and financlal calculator methods.
a. In 6 years at 8 percent?
Note: Do not round intermediat calculations. Round your final answer to 2 decimal places.
b. In 17 years at 9 percent?
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places
Future value
C. In 15 years at 8 percent?
Note: Do not round intermedlate calculations. Round your final answer to 2 decimal places.
d. In 14 years at 8 percent (compounded semlannually)?
Note: Do not round intermedlate calculations. Round your final answer to 2 decimal places.
 Soved Problem 9-5(Algo) Future value [LO9-2] If you invest $15,000 today,

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