Question: value: 20.00 points Exercise 6-2 Future value; single amounts [LO6-2] Determine the future value of $10,000 under each of the following sets of assumptions (FV

value: 20.00 points

Exercise 6-2 Future value; single amounts [LO6-2]

Determine the future value of $10,000 under each of the following sets of assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):

Annual Rate Period Invested Interest Compounded i = n = Present Value Future Value
1. 10% 10 years Semiannually $10,000
2. 12% 5 years Quarterly $10,000
3. 24% 30 months Monthly $10,000

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