You are saving for a new car. You place $10,000 into an investment account today. How much will you have after four years if the account earns (a) 4%, (b) 6%, or (c) 8% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places. (FV of $1, PV of $1, FVA of $1, and PVA of $1) a. b. C. Investment Interest Amount Rate $ 10,000 10,000 10,000 4% 6% 8% Compounding Annually Annually Annually Period Invested 4 years 4 years 4 years Future Value

You are saving for a new car You place $10,000 into an investment account today. How much will you have after four years if the account earns (a) 4%, (D) 6%, or (c) 8% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your answers to 2 decimal piaces. (FV of $1. PV of S1. FVA of \$1, and PVA of 51