Question
For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present
For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Present Value | Years | Interest Rate | Future Value | ||||||||||
| $ | 2,900 | 6 | 19 | % | $ | ||||||||
| 8,953 | 19 | 7 | |||||||||||
| 94,305 | 13 | 12 | |||||||||||
| 232,382 | 29 | 4 | |||||||||||
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The Certified Lease And Finance Professionals Handbook
Authors: Deborah Reuben, Certified Lease & Finance Professionals, Equipment Finance Industry Experts
6th Edition
171743388X, 978-1717433886
