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Using Exhibit 1-B, complete the following table. (Round FVA factors to 3 decimal places and final answers to the nearest whole dollar.) Annual deposit rate
Using Exhibit 1-B, complete the following table. (Round FVA factors to 3 decimal places and final answers to the nearest whole dollar.)
Annual deposit
| rate of return | number of years | Investment value at the end of time period | total amount of investment | total amount of investment | total amount of earning |
3,400 | 2% | 20 | ||||
3,400 | 6% | 20 | ||||
3,400 | 4% | 30 | ||||
3,400 | 8% | 30 |
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