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issume you make the foliowing ifvostments: a. You invest a lump sum of $7,250 for four years at 14% interest. What is the investment's value
issume you make the foliowing ifvostments: a. You invest a lump sum of $7,250 for four years at 14% interest. What is the investment's value at the end of four years? b. In a ciferent account eaming 14% interest, you irvost $1,813 at tho end of each yoar for four years. What is the investments value at the end of four years? What general fule of thumb explains the ditlerence in the investrnonts' future values? (Cick the icon to viow the future value factor table.) (Cick the icon te view the future value anninity factor table.) (Click the icon to view the present value factor tabla.) (Click the icon to view the present value annuity factor table.) a. You invest a lump sum of 57,250 for four years at 14% interest. What is the investment value at the end of four years? (Round your answer to the nearest whole dollar) Investments value = Reference the nearest who You invest a fum nvestment's valu Reference
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