Determine the future value of the following single amounts (FV of $1, PV of $1,

Question

Determine the future value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):

1-$16,000 4% 10= Future Value ?

2-$ 24,000 7% 5= Future Value ?

3-$36,000 11% 20=Future Value ?

4-$ 57,000 7% 10=Future Value ?

I need the future value for each Thank you

Determine the future value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):

1-$16,000 4% 10= Future Value ?

2-$ 24,000 7% 5= Future Value ?

3-$36,000 11% 20=Future Value ?

4-$ 57,000 7% 10=Future Value ?

I need the future value for each Thank you

Explanation / Answer

Future value = Present Value ( 1+R)^N

Present Value Rate Time Future value 16000 4% 10 23683.91 24000 7% 5 33661.24 36000 11% 20 290243.2 57000 7% 10 112127.6

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