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You have been depositing money into an account yearly based on the following amounts, rates and times. For each independent scenario, calculate the value of
You have been depositing money into an account yearly based on the following amounts, rates and times. For each independent scenario, calculate the value of the investment account at the end of the period. Please make sure your final answer(s) are accurate to the nearest whole number.
Amount of Value at the End of the Period
Investment Rate Time
a) $19,000 12% 15 years ______________
b) 41,000 12% 14 years ____________
c) 30,000 15% 12 years ___________
d) 26,000 2% 9 years ___________
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