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In this part, you need to examine the relation between the future value and the number of periods. For a present value of $1,000, create
In this part, you need to examine the relation between the future value and the number of periods.
- For a present value of $1,000, create a table that shows the FV at 0%, 5%, and 10% for 0, 2, 4, 6, 8, and 10 years. (6 Points)
- In a single graph, plot the table above with years on the horizontal axis and FV on the vertical axis for each interest rate and be sure to label the y-axis, x-axis, chart title, and legend. (6 Points)
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