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please answer the following in the photo. Thanks Compute the future value of $500 at an interest rate of 12 percent 15, 20, and 30
please answer the following in the photo. Thanks Compute the future value of $500 at an interest rate of 12 percent 15, 20, and 30 years into the future. What would the future value be over these time horizons if the interest rate were 6 percent? Instructions: Enter your responses rounded to the nearest penny (two decimal places). Do not round intermediate calculations. At an interest rate of 12 percent: Future value in 15 years = $ Future value in 20 years $ Future value in 30 years At an interest rate of 6 percent: Future value in 15 years = $ Future value in 20 years = $ Future value in 30 years = $ Hannt internet rates show that as the time horizon lenathens, the future value
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