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.)

Invested amount $11,500 i 7% n 15 Future Value ? _______

Invested amount $ 15,000 i 6% n 14 Future Value ? ________

Invested amount $ 28,000 i 12% n 14 Future Value ? ____________

Invested Amount $ 48,000 i 8% n 6 Future value? ____________

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.)

Invested amount $11,500 i 7% n 15 Future Value ? _______

Invested amount $ 15,000 i 6% n 14 Future Value ? ________

Invested amount $ 28,000 i 12% n 14 Future Value ? ____________

Invested Amount $ 48,000 i 8% n 6 Future value? ____________

Explanation / Answer

FV of PV = 11500, i = 7%, n = 15years

FV=31728.96

FV of PV = 15000, i =6%, n = 14%

FV = 33913.56

FV of PV = 28000, i = 12%, n = 14

FV = 136839.14

FV of PV =48000, i=8%, n=6

FV = 76169.67

FV of PV =48000, i=8%, n=6

FV = 76169.67

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