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How much will $ 6 , 0 0 0 invested at the end of each year grow to in 3 years, assuming an interest rate

How much will $

6, 000

invested at the end of each year grow to in

3

years, assuming an interest rate of

10 %

compounded annually?

Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar.

(

FV of $

1,

PV of $

1,

FVA of $

1,

and PVA of $

1) .

Multiple Choice

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