Calculate the future value of the following single amounts. (FV of $1, PV of $1. FVA of $1, and PVA financial calculator. Round your answers to 2 decimal places.) 1. 2. 3. Initial Annual Investment Rate Interest Compounded 8% Annually 8% Semiannually 8% Quarterly S 7,200 5,200 8,200 Period Invested 9 years 6 years 3 years Future Value

Essentials Of Investments
11th Edition
ISBN:9781260013924
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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Calculate the future value of the following single amounts. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use tables, Excel, or a
financial calculator. Round your answers to 2 decimal places.)
1.
2
3.
Initial Annual
Investment Rate
$ 7,200
5,200
8,200
8%
8%
8%
Interest
Compounded
Annually
Semiannually
Quarterly
Period
Invested
9 years
6 years
3 years
Future Value
Transcribed Image Text:Calculate the future value of the following single amounts. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) 1. 2 3. Initial Annual Investment Rate $ 7,200 5,200 8,200 8% 8% 8% Interest Compounded Annually Semiannually Quarterly Period Invested 9 years 6 years 3 years Future Value
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