Complete the following table. Use Exhibit 1-B. (Round time value factors to 3 decimal places and final answers to the nearest whole number.) Annual Deposit Rate of Return Number of Years Investment Value at the End of Time Period Total Amount of Investment Total Amount of Interest or Earnings $1,800 8 % 9 $22,478 $1,800 12 % 9 $1,800 8 % 18 $1,800 12 % 18

Complete the following table. Use Exhibit 1-B. (Round time value factors to 3 decimal places and final answers to the nearest whole number.) Annual Deposit Rate of Return Number of Years Investment Value at the End of Time Period Total Amount of Investment Total Amount of Interest or Earnings $1,800 8 % 9 $22,478 $1,800 12 % 9 $1,800 8 % 18 $1,800 12 % 18

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA3: Time Value Of Money

Section: Chapter Questions

Problem 8CE

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