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b.
Compute the future value of $2,000 compounded annually for 10
years at 12 percent. (Do not round intermediate calculations and round
your answer to 2 decimal places, e.g., 32.16.)
c.
Compute the future value of $2,000 compounded annually for 15
years at 7 percent. (Do not round intermediate calculations and round your
answer to 2 decimal places, e.g., 32.16.)
12. (Set 2)
10.00 points
a.
Compute the future value of $1,000 compounded annually for 10
years at 8 percent. (Do not round intermediate calculations and round your
answer to 2 decimal places, e.g., 32.16.)
b.
Compute the future value of $1,000 compounded annually for 10
years at 11 percent. (Do not round intermediate calculations and round
your answer to 2 decimal places, e.g., 32.16.)
c.
Compute the future value of $1,000 compounded annually for 15
years at 8 percent. (Do not round intermediate calculations and round your
answer to 2 decimal places, e.g., 32.16.)
13. (Set 2)
10.00 points