If you invest $19,000 today, how much will you have: Use Appendix A. (a) In 10 y

Question

If you invest $19,000 today, how much will you have: Use Appendix A. (a) In 10 years at 11 percent? (Round "FV Factor" to 3 decimal places and final answer to the nearest dollar amount. Omit the "$" sign in your response.) Future value $ (b) In 16 years at 11 percent? (Round "FV Factor" to 3 decimal places and final answer to the nearest dollar amount. Omit the "$" sign in your response.) Future value $ (c) In 19 years at 12 percent? (Round "FV Factor" to 3 decimal places and final answer to the nearest dollar amount. Omit the "$" sign in your response.) Future value $ (d) In 25 years at 12 percent (compounded semiannually)? (Round "FV Factor" to 3 decimal places and final answer to the nearest dollar amount. Omit the "$" sign in your response.) Future value $ http://lectures.mhhe.com/connect/0073530727/Images/Appendix_A.JPG

Explanation / Answer

a) =19000*(2.839) = 53941 b) = 19000*(5.311) = 100909 c) = 19000*(8.613) = 163647 d) = 19000*(18.420) = 349980

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