If you invest $12,250 today, how much will you have:
Use Appendix A as an approximate answer, but calculate your final answer using the formula and financial calculator methods.
a. In 8 years at 6 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Future value $
b. In 16 years at 7 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Future value $
c. In 19 years at 14 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Future value $
d. In 15 years at 14 percent (compounded semiannually)? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Future value $
Attachment:- Appendix.rar