For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value $2,750 9 12%   9,253 22 10   97,305 16 5   235,382 32 4

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Present Value Years Interest Rate Future Value
$2,750 9 12%  
9,253 22 10  
97,305 16 5  
235,382 32 4  
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Future Value = Present Value * (1+rate)^ years

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