Future values For each of the cases shown in the following table, calculate the future value of t...
Future values For each of the cases shown in the following table, calculate the
future value of the single cash flow deposited today that will be available at the end
of the deposit period if the interest is compounded annually at the rate specified over
the given period.
Case Single cash flow Interest rate Deposit period (years)
A $ 200 5% 20
B 4,500 8 7
C 10,000 9 10
D 25,000 10 12
E 37,000 11 5
F 40,000 12 9
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FINANCE
1 Answer
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