Problem 4-2 Calculating Future Values [LO 1] For each of the following, compute the future value: (Do not round calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value $ 2,400 6 17 % 9,953 19 9. 104,305 13 10 242,382 29 5 %24

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Problem 4-2 Calculating Future Values [LO 1]
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
$
2,400
17 %
9,953
19
104,305
13
10
242,382
29
Transcribed Image Text:Problem 4-2 Calculating Future Values [LO 1] 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 $ 2,400 17 % 9,953 19 104,305 13 10 242,382 29
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