If you invest $12,000.00 today, how much will you have in the future under each of the following independent scenarios: 10 years at 9% 8 years at 12% 14 years at 15% 24 years at 10%   Present Value (PV) Rate Time (Years) Future Value (FV) A $12,000.00 9% 10   B $12,000.00 12% 8   C $12,000.00 15% 14   D $12,000.00 10% 24   PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).   PV Rate Time (Years) FV Factor (from Table) Future Value (FV) A $12,000.00 9% 10     B $12,000.00 12% 8     C $12,000.00 15% 14     D $12,000.00 10% 24     PLEASE NOTE: All FV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 6MC: You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years....
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If you invest $12,000.00 today, how much will you have in the future under each of the following independent scenarios:

  1. 10 years at 9%
  2. 8 years at 12%
  3. 14 years at 15%
  4. 24 years at 10%
  Present Value (PV) Rate Time (Years) Future Value (FV)
A $12,000.00 9% 10  
B $12,000.00 12% 8  
C $12,000.00 15% 14  
D $12,000.00 10% 24  

PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).

  PV Rate Time (Years) FV Factor (from Table) Future Value (FV)
A $12,000.00 9% 10    
B $12,000.00 12% 8    
C $12,000.00 15% 14    
D $12,000.00 10% 24    

PLEASE NOTE: All FV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).

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