In Problem, use the future value formula (6) to find each of the indicated values FV =

Question:

In Problem, use the formula (6) to find each of the indicated values
FV = $4,100; PMT = $100; n = 20; I = ?
(Round answer to two decimal places.)
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...