What is the future value of a lump sum of $18,443 invested for 15 years at 3.2 percent compounded annually? $29,581.97 $348,092.67 $29,786.22 $400,306.57

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
Section1.4: Perform Time Value Of Money Calculations
Problem 3CC
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What is the future value of a lump sum of $18,443 invested for 15 years at 3.2 percent compounded annually?

$29,581.97
$348,092.67
$29,786.22
$400,306.57
 
 
 
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