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Using provided data, solve for future value. Use the I/Y and N values when looking up the factor in the tables. Do NOT use the
Using provided data, solve for future value. Use the I/Y and N values when looking up the factor in the tables. Do NOT use the annual values. Round your final answer to the nearest whole dollar. Facts FV: Payment: (beginning of period) $8,800 Annual Interest Rate: 36% I/Y: 3% n: (Number of years) 2 N: (Number of compounding periods) 24 Compounded (Y): Monthly Table Method FV = PMT Factor 8,800
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