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Future value refers to the concept of comparing the expected outcome of a project or asset in the future depending upon the desired rate of increment in it.
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- Find the future value and compound interest on $6,000 at 6% compounded semiannually for two years. Use the Future Value or Compound Amount of $1.00 Table or the future value and compound interest formula. Future Value or Compound Amount of $1.00. .... Future value = $(Round to the nearest cent as needed.) Compound interest = $ (Round to the nearest cent as needed.)Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. CompoundAmount Term ofInvestment NominalRate (%) InterestCompounded PresentValue CompoundInterest $28,500 18 months 4 semiannually $ $Find the future value and compound interest on $6,000 at 5% compounded semiannually for two years. Use the Future Value or Compound Amount of $1.00 Table or the future value and compound interest formula, E Future Value or Compound Amount of $1.00. Future value = $ (Round to the nearest cent as needed.)
- Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. CompoundAmount Term ofInvestment NominalRate (%) InterestCompounded PresentValue CompoundInterest $200,000 10 years 4 annuallyUsing Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Principal TimePeriod (years) NominalRate (%) InterestCompounded CompoundAmount CompoundInterest $8,000 4 15 annually $ $Solve by using the present value formula. Round your answers (in $) to the nearest cent. CompoundAmount Term ofInvestment NominalRate (%) InterestCompounded PresentValue CompoundInterest $14,000 8 years 4.5 monthly $ $
- Use the compound interest formula to solve. (Round your answers to the nearest cent.) Principal Time Period(years) NominalRate (%) InterestCompounded CompoundAmount CompoundInterest $400 5 1.5 monthly $ $= Find the future value and compound interest on $4,000 at 8% compounded semiannually for two years. Use the Future Value or Compound Amount of $1.00 Table or the future value and compound interest formula. Future Value or Compound Amount of $1.00. 1 ԱԱլԵ value TUTU y manteL UTHIL AS Focutu./ A Compound interest = $(Round to the nearest cent as needed.) Clear all Meck thiswerComplete the following using compound future value. (Use the Table 12.1 provided.) Note: Round your answers to the nearest cent. Time 11 years Principal $ 15,900 Rate Compounded 2% Annually Amount Interest
- Complete the following using compound future value. (Use the Table provided.) (Round your answers to the nearest cent.) Time Principal Rate Compounded Amount Interest 10 years $17,100 4% Annually $ $Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. Compound Amount Nominal Present Value Compound Interest Term of Interest Investment Rate (%) Compounded $32,000 6 years 4 semiannually $ $4Complete the following using compound future value. (Use the Table 12.1 provided.) Note: Round your answers to the nearest cent. Time: 12 years Principal: $17,300 Rate: 3% Compounded: Annually Amount: Interest: Future value interest factor of $1 per period at i% for n periods, FVIF(i,n). Period 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 6.5% 7.0% 7.5% 8.0% 8.5% 9.0% 9.5% 10.0% 1 1.0050 1.0100 1.0150 1.0200 1.0250 1.0300 1.0350 1.0400 1.0450 1.0500 1.0550 1.0600 1.0650 1.0700 1.0750 1.0800 1.0850 1.0900 1.0950 1.1000 2 1.0100 1.0201 1.0302 1.0404 1.0506 1.0609 1.0712 1.0816 1.0920 1.1025 1.1130 1.1236 1.1342 1.1449 1.1556 1.1664 1.1772 1.1881 1.1990 1.2100 3 1.0151 1.0303 1.0457 1.0612 1.0769 1.0927 1.1087 1.1249 1.1412 1.1576 1.1742 1.1910 1.2079 1.2250 1.2423 1.25.97 1.2773 1.2950 1.3129 1.3310 4 1.0202 1.0406 1.0614 1.0824 1.1038 1.1255 1.1475 1.1699 1.1925 1.2155 1.2388 1.2625 1.2865 1.3108 1.3355 1.3605 1.3859 1.4116 1.4377 1.4641 5 1.0253…