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Problem 9 - 5 ( Algo ) Future value [ LO 9 - 2 ] If you Invest $ 1 6 , 5 0 0
Problem Algo Future value LO
If you Invest $ today, how much will you have in each of the following Instances? Use Appendix A as an approximate
answer, but calculate your final answer using the formula and financlal calculator methods.
a In years at percent?
Note: Do not round Intermedlate calculatlons. Round your final answer to decimal places.
Future value
b In years at percent?
Note: Do not round Intermedlate calculatlons. Round your final answer to decimal places.
Future value
c In years at percent?
Note: Do not round Intermedlate calculations. Round your final answer to decimal places.
Future value
d In years at percent compounded semlannually
Note: Do not round Intermedlate calculatlons. Round your final answer to decimal places.
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