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QUESTION 3 B 1 RECURRING INVESTMENT 2 Annual Return Rate 3 Duration in Years 6 4 Investment Today $10,000 5 Yearly Investment 6 Future Value
QUESTION 3 B 1 RECURRING INVESTMENT 2 Annual Return Rate 3 Duration in Years 6 4 Investment Today $10,000 5 Yearly Investment 6 Future Value 7 Refer to the screen shot above. $10,000 was invested earlier today. The annual return rate is 6%. at the end of 6 years from Assume that $7,000 will be added to this investment at the end of each year. The future value of this investment will be $ now. Round your answer to the nearest cents. A fixed amount of fund will be added to this investment at the end of each year. This fund must be $ will grow to $80,000 at the end of 6 years from now. Round your answer to the nearest cents. per year such that the value of this investment
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