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Calculate the future value of $5,000 in a. 4 years at an interest rate of 7% per year. b. 8 years at an interest

Calculate the future value of $5,000 in a. 4 years at an interest rate of 7% per year. b. 8 years at an interest rate of 7% per year. c. 4 years at an interest rate of 14% per year. d. Why is the amount of interest earned in part a less than half the amount of interest earned in part b? a. 4 years at an interest rate of 7% per year. The future value of $5,000 in 4 years at an interest rate of 7% per year is $(Round to the nearest dollar.)

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