Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 4

Use Table FA-1 (in Exhibit B-2) and Table FA-2 (in Exhibit B-4 ) to determine the future amounts of the following investments:
a.50,000 is invested for 10 years, at 6 percent interest, compounded annually.
b.240,000 is to be received five years from today, at 10 percent annual interest.
c.20,000 is invested in a fund at the end of each of the next 10 years, at 8 percent interest, compounded annually.
d.80,000 is invested initially, plus $6,000 is invested annually at the end of each of the next three years, at 12 percent interest, compounded annually.