Calculate the future value of periodic payments


Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.)

(a) What is the future value of $9,280 at the end of 7 periods at 8% compounded interest? (Round answers to 0 decimal places, e.g. $458,581.)
The future value $

(b) What is the present value of $9,280 due 9 periods hence, discounted at 11%? (Round answers to 0 decimal places, e.g. $458,581.)
The present value $

(c) What is the future value of 15 periodic payments of $9,280 each made at the end of each period and compounded at 10%? (Round answers to 0 decimal places, e.g. $458,581.)
The future value $

(d) What is the present value of $9,280 to be received at the end of each of 19 periods, discounted at 5% compound interest? (Round answers to 0 decimal places, e.g. $458,581.)
The present value $

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Accounting Basics: Calculate the future value of periodic payments
Reference No:- TGS0710124

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