2 Use the time value of money tables in Exhibit 18 to calculate the following: a. The...

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2 Use the time value of money tables in Exhibit 1–8 to calculate the following:

a. The future value of $100 at 7 percent in 10 years.

b. The future value of $100 a year for six years earning 6 percent.

c. The present value of $500 received in eight years with an interest rate of 8 percent.

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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