Use Appendix A as an approximate answer
Question
Use Appendix A as an approximate answer, but calculate your final answer using the formula and financial
calculator methods.
| a. | In 14 years at 11 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Future value | $ |
| b. | In 17 years at 6 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Future value | $ |
| c. | In 18 years at 10 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Future value | $ |
| d. | In 20 years at 10 percent (compounded semiannually)? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Future value |
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