Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Use Excel or a financial calculator to answer the following Round your answers to the nearest penny Find the future value of 80 000 for
Use Excel or a financial calculator to answer the following Round your answers to the nearest penny Find the future value of 80 000 for 13 years at 12 if interest is a simple interest b compounded annually c compounded semi annually d compounded quarterly e compounded monthly f compounded daily 9 compounded every minute 525 600 minutes year h compounded continuously 204800 349079 45 363950 64 372070 87
Use Excel or a financial calculator to answer the following Round your answers to the nearest penny Find the future value of 80 000 for 13 years at 12 if interest is a simple interest b compounded annually c compounded semi annually d compounded quarterly e compounded monthly f compounded daily 9 compounded every minute 525 600 minutes year h compounded continuously 204800 349079 45 363950 64 372070 87
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started