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Problem 11-2 (LO11.1) Using Exhibit 1-B, complete the following table. (Round FV factors to 3 decimal places and final answers to the nearest whole dollar
Problem 11-2 (LO11.1)
Using Exhibit 1-B, complete the following table. (Round FV factors to 3 decimal places and final answers to the nearest whole dollar amount.) |
Annual Deposit | Rate of Return | Number of Years | Investment Value at the End of Time Period | Total Amount of Investment | Total Amount of Earnings |
$3,800 | 5% | 20 | $ | $ | $ |
$3,800 | 7% | 20 | $ | $ | $ |
$3,800 | 7% | 30 | $ | $ | $ |
$3,800 | 9% | 30 | $ | $ | $ |
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