Question

Assume you make the following investments: You invest a lump sum of $7,550 for four years at 14% interest. What is the investi Reference Future Value of $1 Periods 6% 3% 1.030 1.061 1.093 1.126 1.159 5% 1.050 1.103 1.158 1.216 1.276 4% 1.040 1.082 1.i Reference Periods 5% 1% 1.000 2.010 3.030 4.060 5.101 6.152 7.214 8.286 9.369 10.462 2% 1.000 2.020 3.060 4.122 5.204 6.308Reference Present Value of Annuity of $1 Periods vOWN 20% 0.833 1.528 2. 106 2.589 2.991 1% 2% 3% 4% 5% 6% 8% 0.990 0.980 0.9i Reference Periods 1% 2% 3% 0.990 0.980 0.971 1.970 1.942 1.913 2.9412.884 | 2.829 3.902 3.808 3.717 4.853 4.713 | 4.580 5.7

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Answer #1

Answer : $ 12,752

Investment Value at the four years

Future Value = Investment * FV $1 At 145 for 4 Years

Future Value = $7,550 *1.689= $12.751.95 (Answer)

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