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Compute the future value of a $150 cash flow for the following combinations of rates and times. (Do not round intermediate calculations. Round your answers
Compute the future value of a $150 cash flow for the following combinations of rates and times. (Do not round intermediate calculations. Round your answers to 2 decimal places.) |
Future Value | ||
a. | r = 7%, t = 10 years | $ |
b. | r = 7%, t = 20 years | $ |
c. | r = 3%, t = 10 years | $ |
d. | r = 3%, t = 20 years | $ |
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