If you invest $16,900 today, how much will you have: Use Appendix A as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. In 14 years at 11 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Future value $ b. In 17 years at 6 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Future value $ c. In 18 years at 10 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Future value $ d. In 20 years at 10 percent (compounded semiannually)? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Future value $
This question was answered on: May 23, 2022
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