Determine the future value of the following single amounts: (Use FV of $1) (Round "FV Factors" to 5 decimal places and final answers to the nearest dollar amount.)
Determine the future value of the following single amounts: (Use FV of $1) (Round “FV Factors” to 5 decimal places and final answers to the nearest dollar amount.)
Invested Amount: Interest Rate: No. of Periods: Future Value:
1. $12,000 8 % 16
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2. 16,000 5 15
3. 29,000 8 12
4. 49,000 4 7
Can you please show me how you came up with the FV in the table?
