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identify N, I/Y, PV, PMT, and FV and indicate which one you are calculating and solve. N 1) What's the future value of $20,000 after

identify N, I/Y, PV, PMT, and FV and indicate which one you are calculating and solve. image text in transcribed
N 1) What's the future value of $20,000 after 3 years if it earns 8% annually? 1/Y PV PMT FV ? 2) What's the present value of $20,000 to be received in 3 years if the annual interest rate is 8%? N 1/Y PV PMT FV ? 3) What annual interest rate would cause $1,000 to grow to $2,000 in 9 years? N 1/4 PV PMT FV ? 1000 2000

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