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a. Find the FV of $1,000 invested to earn 8% after 6 years. Round your answer to the nearest cent. $ b. What is the
a. Find the FV of $1,000 invested to earn 8% after 6 years. Round your answer to the nearest cent. $ b. What is the investment's FV at rates of 0%, 5%, and 20% after 0, 1, 2, 3, 4, and 5 years? Round your answers to the nearest cent. Year 0 1 2 3 4 5 $ $ $ $ $ $ 0% $ $ $ $ $ Interest Rate 5% $ $ $ $ $ $ 20% Choose the correct graph of future value as a function of time and rate. Note: blue line is for 0%, orange line is for 5%, and grey line is for 20%. The correct graph is a. Find the FV of $1,000 invested to earn 8% after 6 years. Round your answer to the nearest cent. b. What is the investment's FV at rates of 0%,5%, and 20% after 0,1,2,3,4, and 5 years? Round your answers to the nearest cent. Choose the correct graph of future value as a function of time and rate. Note: blue line is for 0%, orange line is for 5%, and grey ine is for 20%. The correct graph is Excel Activity: Time value of money The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Enter your answers as positive values. x Download spreadsheet. Time value of money-ad 3082.xisx a. Find the FV of $1,000 invested to earn 8% after 6 years. Round your answer to the nearest cent. b. What is the investment's FV at rates of 0%,5%, and 20% after 0,1,2,3,4, and 5 years? Round your answers to the nearest cent. Choose the correct graph of future value as a function of time and rate. Note: blue line is for 0%, orange line is for 5%, and grey line is for 20%. The correct graph is
a. Find the FV of $1,000 invested to earn 8% after 6 years. Round your answer to the nearest cent. $ b. What is the investment's FV at rates of 0%, 5%, and 20% after 0, 1, 2, 3, 4, and 5 years? Round your answers to the nearest cent. Year 0 1 2 3 4 5 $ $ $ $ $ $ 0% $ $ $ $ $ Interest Rate 5% $ $ $ $ $ $ 20% Choose the correct graph of future value as a function of time and rate. Note: blue line is for 0%, orange line is for 5%, and grey line is for 20%. The correct graph is
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