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31) Calculate the following future value: a. PV = $50, r = an annual interest rate of (6%+ 2%), and n = 8 years. FV:
31) Calculate the following future value:
a. PV = $50, r = an annual interest rate of (6%+ 2%), and n = 8 years. FV: ______
b. PV = $75, r = an annual interest rate of 6% and n = 3 years. FV: ______
c. PV = $90, r = an annual interest rate of (6% - 2%), and n = 1 year. FV: ______
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College Accounting A Practical Approach Chapters 1-15
Authors: Jeffrey Slater
7th Edition
0130954888, 978-0130954886
