How much will you have in 8 years at 6 percent

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Reference no: EM131936519

If you invest $12,250 today, how much will you have:

Use Appendix A as an approximate answer, but calculate your final answer using the formula and financial calculator methods.

a. In 8 years at 6 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Future value $

b. In 16 years at 7 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Future value $

c. In 19 years at 14 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Future value $

d. In 15 years at 14 percent (compounded semiannually)? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Future value $

Attachment:- Appendix.rar

Reference no: EM131936519

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