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FUTURE VALUE OF AN AMOUNT, CONCEPT CONNECTION: a) WHAT IS THE FUTURE VALUE OF $1250.63 DEPOSITED FOR 3 YEARS AT AN INTEREST RATE 7%? b)

FUTURE VALUE OF AN AMOUNT, CONCEPT CONNECTION:

a) WHAT IS THE FUTURE VALUE OF $1250.63 DEPOSITED FOR 3 YEARS AT AN INTEREST RATE 7%?

b) HOW MUCH WILL $ 15 GROW INTO IF IT IS INVESTED AT 16% FOR 30 YEARS?

c) IF YOU DEPOSIT $207.86 IN AN ACCOUNT THAT PAYS 4% AND LEAVE IT THERE FOR 12 YEARS, HOW MUCH WILL YOU HAVE IN THE ACCOUNT?

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