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What is the future value of a onetime investment of $10,000 at 5% in 6 years? Future value of $1: 4% 5% 6% 7% 8%
What is the future value of a
onetime
investment of
$10,000
at
5%
in
6
years?
Future value of $1:
4% | 5% | 6% | 7% | 8% | |
5 | 1.217 | 1.276 | 1.338 | 1.403 | 1.469 |
6 | 1.264 | 1.340 | 1.419 | 1.501 | 1.587 |
7 | 1.316 | 1.407 | 1.504 | 1.606 | 1.714 |
8 | 1.369 | 1.477 | 1.594 | 1.718 | 1.851 |
9 | 1.423 | 1.551 | 1.689 | 1.838 | 1.999 |
Future value of ordinary annuity of $1:
4% | 5% | 6% | 7% | 8% | |
5 | 5.416 | 5.526 | 5.637 | 5.751 | 5.867 |
6 | 6.633 | 6.802 | 6.975 | 7.153 | 7.336 |
7 | 7.898 | 8.142 | 8.394 | 8.654 | 8.923 |
8 | 9.214 | 9.549 | 9.897 | 10.26 | 10.64 |
9 | 10.58 | 11.03 | 11.49 | 11.98 | 12.49 |
A.
$68,020
B.
$13,380
C.
$56,370
D. 13,400
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