You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period? (Click here to see present value and future value tables) Amounts of Investment Rate Times Value at the End of the Period $7,000 20% 15 years $fill in the blank 1 $12,000 15% 11 years $fill in the blank 2 $16,000 12% 6 years $fill in the blank 3 $35,000 10% 2 years $fill in the blank 4

You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period? (Click here to see present value and future value tables) Amounts of Investment Rate Times Value at the End of the Period $7,000 20% 15 years $fill in the blank 1 $12,000 15% 11 years $fill in the blank 2 $16,000 12% 6 years $fill in the blank 3 $35,000 10% 2 years $fill in the blank 4

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 20E

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You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period?

(Click here to see present value and future value tables)

Amounts of Investment	Rate	Times	Value at the End of the Period
$7,000	20%	15 years	$fill in the blank 1
$12,000	15%	11 years	$fill in the blank 2
$16,000	12%	6 years	$fill in the blank 3
$35,000	10%	2 years	$fill in the blank 4

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