Exercise B-6 (Algo) Future value of an amount LO P2 Catten, Incorporated, invests $158,170 today earning 8% per year for seven years. (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Compute the future value of the investment seven years from now. Table Factor Present Value Future Value

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Chapter1: Financial Statements And Business Decisions
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Exercise B-6 (Algo) Future value of an amount LO P2
Catten, Incorporated, invests $158.170 today earning 8% per year for seven years. (PV of $1. EV of $1. PVA of $1. and EVA of S1) (Use
appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.)
Compute the future value of the investment seven years from now
Table Factor
Present Value
Future Value
Transcribed Image Text:Exercise B-6 (Algo) Future value of an amount LO P2 Catten, Incorporated, invests $158.170 today earning 8% per year for seven years. (PV of $1. EV of $1. PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Compute the future value of the investment seven years from now Table Factor Present Value Future Value
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