Assume that you must make future value estimates using the future value of 1 table (Table B.2).

Question:

Assume that you must make estimates using the of 1 table (Table B.2). Which interest rate column do you use when working with the following rates?
1. 8% compounded quarterly
2. 12% compounded annually
3. 6% compounded semiannually
4. 12% compounded monthly

Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...