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You invest $2,800 for three years at 9 percent. a. What is the value of your investment after one year? Multiply $2,800 x 1.09. Value

You invest $2,800 for three years at 9 percent. a. What is the value of your investment after one year? Multiply $2,800 x 1.09. Value of investment b. What is the value of your investment after two years? Multiply your answer to part a by 1.09. (Round your answer to 2 decimal places.) Value of investment c. What is the value of your investment after three years? Multiply your answer to part b by 1.09. This gives your final answer. (Round your answer to 2 decimal places.) Value of investment d. Combine these steps using the formula FV = PV * (1 + i)to find the future value of $2,800 in 3 years at 9 percent interest. (Round your answer to 2 decimal places.) Future value

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