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uture values For the case shown in the followingtable, calculate the future value of the single cash flow deposited today and held until the end
uture valuesFor the case shown in the followingtable, calculate the future value of the single cash flow deposited today and held until the end of the deposit period if the interest is compounded annually at the rate specified.(Click on the icon located on thetop-right corner of the data table below in order to copy its contents into aspreadsheet.)
Single cash flow Interest rate Deposit period(years)
$35,000 5% 20
The future value is $_____________. (Round to the nearestcent.)
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