Problem 4-2
Calculating Future Values
a. Compute the future value of $2,000 compounded annually for 10
years at 8 percent. (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.) Future value
$
b. Compute the future value of $2,000 compounded annually for 10
years at 11 percent. (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.) Future value
$
c. Compute the future value of $2,000 compounded annually...