Use these future value factors to answer the following question: Periods Future Value of 1 at...
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Use these future value factors to answer the following question: Periods Future Value of 1 at 8% 1 1.080 2 1.166 3 1.260 4 1.360 5 1.469 What amount will be in a bank account three years from now if $10000 is invested each year for four years with the first investment to be made today? What amount will be in a bank account three years from now if $10000 is invested each year for four years with the first investment to be made today? O ($10000 x 1.260) + ($10000 x 1.166) + ($10000 1.080) +$10000 O ($10000 x 1.080) + ($10000 x 1.166) + ($10000 x 1.260) + ($10000 1.360) O $10000 x 1.3604 O $10000 x 1.080 4 Use these future value factors to answer the following question: Periods Future Value of 1 at 8% 1 1.080 2 1.166 3 1.260 4 1.360 5 1.469 What amount will be in a bank account three years from now if $10000 is invested each year for four years with the first investment to be made today? What amount will be in a bank account three years from now if $10000 is invested each year for four years with the first investment to be made today? O ($10000 x 1.260) + ($10000 x 1.166) + ($10000 1.080) +$10000 O ($10000 x 1.080) + ($10000 x 1.166) + ($10000 x 1.260) + ($10000 1.360) O $10000 x 1.3604 O $10000 x 1.080 4
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