7. Future values (S2.1) Compute the future value of a $100 investment for the following combinations of rates and times. a. r= 6%, t= 10 years. b. r= 6%, t = 20 years. c. r = 4%, t = 10 years. d. r= 4%, t = 20 years.

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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**7. Future values (S2.1)** Compute the future value of a $100 investment for the following combinations of rates and times.

a. \( r = 6\% \), \( t = 10 \) years.

b. \( r = 6\% \), \( t = 20 \) years.

c. \( r = 4\% \), \( t = 10 \) years.

d. \( r = 4\% \), \( t = 20 \) years.
Transcribed Image Text:**7. Future values (S2.1)** Compute the future value of a $100 investment for the following combinations of rates and times. a. \( r = 6\% \), \( t = 10 \) years. b. \( r = 6\% \), \( t = 20 \) years. c. \( r = 4\% \), \( t = 10 \) years. d. \( r = 4\% \), \( t = 20 \) years.
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