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3 Determine the future values if $5,000 is invested in each of the following situations: 5 percent for ten years 7 percent for seven years

3 Determine the future values if $5,000 is invested in each of the following situations:

5 percent for ten years

7 percent for seven years

9 percent for four years (Melicher 246)

Melicher, Ronald W., Edgar Norton. Introduction to Finance: Markets, Investments, andFinancial Management, Enhanced eText, 16th Edition. Wiley, 2016-10-17. VitalBook file.

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