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USE THE PROVIDED CHARTS TO ANSWER THE QUESTION 1(1+i)n11 Table 1 (concluded) 1 (1+i)n1 Future Value of an Investment (use attached tables) Required: A. What
USE THE PROVIDED CHARTS TO ANSWER THE QUESTION
1(1+i)n11 Table 1 (concluded) 1 (1+i)n1 Future Value of an Investment (use attached tables) Required: A. What is the future value on December 31 , Year 5, of a deposit of $35,000 made on January 1, Year 2, assuming interest of 10% compounded annually? $ B. What is the future value on December 31, Year 5, of a deposit of $10,000 made on January 1, Year 2, assuming interest of 16% compounded quarterly? $ C. What is the future value on December 31 , Year 5, of a deposit of $25,000 made on January 1, Year 2, assuming interest of 12% compounded semiannually? Future Value of 1: fn,i=(1+i)n n=11(1+i)n1 Table 3 (concluded) Table 4 (concluded) Table 2 (concluded) Table 5 (concluded)Step by Step Solution
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