Determine the future value of $27,000 under each of the following sets of assumptions: (Use FV of $1) (Round "FV Factors" to 5 decimal places and final answers to the nearest dollar amount.)
Determine the future value of $27,000 under each of the following sets of assumptions: (Use FV of $1) (Round “FV Factors” to 5 decimal places and final answers to the nearest dollar amount.)
Annual Rate Period Invested Interest Compounded Future Value
1. ; 12 % ; 6 ;years ; ; Semiannually ; ; ;
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2. ; 20 ; ; 3 ;years ; ; Quarterly ; ;
3. ; 24 ; ; 30 ;months ; ; Monthly ;
