You invest $4,000 for three years at 15 percent. Use Appendix A. (Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.)

a. What is the value of your investment after one year?

Value of investment $

b. What is the value of your investment after two years?

Value of investment $

c. What is the value of your investment after three years?

Value of investment $

d. What is the future value of $4,000 in 3 years at 15 percent interest?

Future value