Question: Using Table 1 - 1 on page 2 0 , calculate the following: The future value of a lump - sum investment of $ 5

Using Table 1-1 on page 20, calculate the following:
The future value of a lump-sum investment of $5,000 in 5 years that earns 6 percent.
A person who invests $1500 finds one choice that is expected to pay 4% per year and
another choice that is expected to pay 6%. What is the difference in return if the
investment is made for 5 years?

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