Question: value 12.00 points Problem 5-19 Calculating Future Values [LO1 You are scheduled to receive $16,000 in two years. When you receive it, you will invest

value 12.00 points Problem 5-19 Calculating Future Values [LO1 You are

value 12.00 points Problem 5-19 Calculating Future Values [LO1 You are scheduled to receive $16,000 in two years. When you receive it, you will invest it for eight more years at 9 25 percent per year How much will you have in ten years? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g. 32.16.) Amount References eBook & Resources Worksheet Difficulty: Intermediate Problem 5-19 Calculating Future Values [LO1]Leaming Objective: 05-01 How to determine the future value an investment made today

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