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Use Table FA1 (in Exhibit B-2) and Table FA2 (in Exhibit B-4). (Round FV factor to 3 decimal places.) a. Determine the future amount if

Use Table FA1 (in Exhibit B-2) and Table FA2 (in Exhibit B-4). (Round FV factor to 3 decimal places.)

a.

Determine the future amount if $50,000 is invested today for 10 years, at 6 percent interest, compounded annually.

b.

Determine the future amount if $240,000 is to be received 5 years from today, at 10 percent annual interest.

c.

Determine the future amount if $20,000 is invested in a fund at the end of each of the next 10 years, at 8 percent interest, compounded annually.

d.

Determine the future amount if $80,000 is invested today, plus $6,000 is invested annually at the end of each of the next 3 years, at 12 percent interest, compounded annually.

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Use Table FA-1 (in Exhibit B-2) and Table FA-2 (in Exhibit B-4). (Round FV factor to 3 decimal places.) a. Determine the future amount if $50,000 is invested today for 10 years, at 6 percent interest, compounded annually. Future value b. Determine the future amount if $240,000 is to be received 5 years from today, at 10 percent annual interest. Future value c. Determine the future amount if $20,000 is invested in a fund at the end of each of the next 10 years, at 8 percent interest, compounded annually Future value d. Determine the future amount if $80,000 is invested today, plus $6,000 is invested annually at the end of each of the next 3 years, at 12 percent interest, compounded annually. Future value

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