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1. What is the value of $1,000 if it earns a 6.5% annual return compounded over 30 years? What if the rate were increased to

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1. What is the value of $1,000 if it earns a 6.5% annual return compounded over 30 years? What if the rate were increased to 7.5 %? prior value X (1 + r), where r annual rate of In the accompanying table use the formula: return. Record your Year 30 Value in the highlighted cells Year 30 Value 1a 1b Years: 314/5]6|778 |9 |1 0|1 1 |1 2413|1415|16|17|18|19|202122|23|24/25/2627282930+ 0 1 6.50%$1,000 $1,000 Repeat yeur calealation sing the fature value aaltiplier: altiplier ( 2. r)"n, wheren is the peried anber. Use the row eategeri es provided Tou only need forecast 10 yaars sing a 6.5% rate ef ratun. Link to tha Tear Yon only need to nodel 10 years Do not munally anter a nber for the year. Ier 10 Value at 6.53 Years Years 6.50% ltilier Original Deposit 2 7 10 1.0000 $ 1,000 End of Ter Vale 1,000 Repest 2 using eel's fater value fanetien VO Yos wust inelude the present value in the forals There is no aranal paysent 0T) Yes wst enter 0, Tie the pariod number (aper) to the Tear aplaceholder Iar 10 Value at 6.5% Years T 10 Fetur Valse

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