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12 FV Calculations You are hoping to purchase a business in the future and recently received an inheritance of $150,000 You like to use your

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12 FV Calculations You are hoping to purchase a business in the future and recently received an inheritance of $150,000 You like to use your inheritance for as down paymnet for the business. If you use your inheritance in an account that generates 6% returns compounded 6 annually, how many years it will take before your money grows to $875,0007 7 b. if you let your money grow for 20 years at 5%, how much you will have in your account? 19 20 21 Invest Rate PMT FV NPER

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