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If you invest $8,500 per period for the following number of periods, how much would you have: Use Appendix C as an approximate answer, but
If you invest $8,500 per period for the following number of periods, how much would you have: Use Appendix C as an approximate answer, but calculate your final answer using the formula and financial calculator methods. |
a. | In 12 years at 10 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Future value | $ |
b. | In 50 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Future value | $ |
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