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Your answer is correct. What is the future value of $9, 520 at the end of 5 periods at 8% compounded interest? (Round factor values
Your answer is correct. What is the future value of $9, 520 at the end of 5 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458, 581.) What is the present value of $9, 520 due 8 periods hence, discounted at 6%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, e.g. 458, 581.)
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