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Compute the future value of a $100 investment for the following combinations of rates and times. r = 7.8%, t = 10 years r =
Compute the future value of a $100 investment for the following combinations of rates and times.
- r = 7.8%, t = 10 years
- r = 7.8%, t = 20 years
- r = 5.8%, t = 10 years
- r = 5.8%, t = 20 years
(For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places.)
a.Future value________
b.Future value________
c.Future Value________
d.Future Value________
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