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a. What is the future value of $10,000 invested for 15 years at 9%? b. What is th future value of $10,000 invested each year
a. What is the future value of $10,000 invested for 15 years at 9%?
b. What is th future value of $10,000 invested each year for 15 years at 9%?
c. What amount must be invested today to pay out the following if 8% can be earned on investments?
-$10,000 in 10 years
-$10,000 in each of the next 10 years
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