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Calculate the following: a. The future value of a deposit of $440 left in an account paying 6% annual interest for 14 years. b. The
Calculate the following:
a. The future value of a deposit of $440 left in an account paying 6% annual interest for 14 years.
b. The future value at the end of 6 years of a $820
annual end-of-year deposit into an account paying 12% annual interest.
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Part 1
a. The future value, FV, on a deposit of $440 left in an account paying
6% annual interest for 14 years is .
(Round to the nearest cent.)
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