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3. Calculate the Future Value for each of the following: (please show ALL of your work in the space provided below or on separate sheet)

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3. Calculate the Future Value for each of the following: (please show ALL of your work in the space provided below or on separate sheet) Present Value Years Interest Rate Future Value 8 12% $12,000 GA $86,500 15 9% A $ $135,000 10 6.5% $ $25,500 35 4% $ 4. Calculate the Interest Rate for each of the following: (please show ALL of your work in the space provided below or on separate sheet) Interest Rate Future Value Years Present Value % $1,094 $865 % $28,899 5 $15,000 % $1,000,000 $469,000 25 % $2,157,851 $500,000 19

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