For each of the following, compute the future value: (Do not round intermediate calculations and round...

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For each of the following, compute the future value: (Do not round intermediate calculations and round...

For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Present Value	Years	Interest Rate		Future Value
$2,960	7	13	%
$7,846	16	7
$85,381	19	9
$221,614	26	5

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Answer 1

Answer #1

A D Present value Years Interest rate Future value 13% $ 6,963.71 |=FV(C2,B2,-A2) 2 $ 2,960 7% $ 23,162.68 =FV(C3,B3,-A3) 3 $

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Answer 2

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