Solve the following two cases (the cases are independent).
Future Value of $1
Future Value of Annuity of $1
a. If you invest $5,000 today at 10% interest, what is the value of the investment at the end of 5 years?
b. If you invest $1,200 at the end of each of the next 5 years and the investment earns 10% interest, what is the value of the investment at the end of 5 years?

Question

Solve the following two cases (the cases are independent).
Future Value of $1
  Future Value of Annuity of $1
  a. If you invest $5,000 today at 10% interest, what is the value of the investment at the end of 5 years?
b. If you invest $1,200 at the end of each of the next 5 years and the investment earns 10% interest, what is the value of the investment at the end of 5 years?

Quizplus · Accepted Answer

The Answer of Solve the following two cases (the cases are independent).
Future Value of $1
  Future Value of Annuity of $1
  a. If you invest $5,000 today at 10% interest, what is the value of the investment at the end of 5 years?
b. If you invest $1,200 at the end of each of the next 5 years and the investment earns 10% interest, what is the value of the investment at the end of 5 years?

Solve the Following Two Cases (The Cases Are Independent)