You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period? (Click here to see present value and future value tables) Amounts of Investment Rate Times Value at the End of the Period $9,000 20% 16 years $fill in the blank 1 $13,000 15% 11 years $fill in the blank 2 $16,000 12% 6 years $fill in the blank 3 $35,000 10% 4 years $fill in the blank 4
You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period? (Click here to see present value and future value tables) Amounts of Investment Rate Times Value at the End of the Period $9,000 20% 16 years $fill in the blank 1 $13,000 15% 11 years $fill in the blank 2 $16,000 12% 6 years $fill in the blank 3 $35,000 10% 4 years $fill in the blank 4
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 10EB: You have been depositing money into an account yearly based on the following investment amounts,...
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You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period?
(Click here to see present value and future value tables)
Amounts of Investment |
Rate |
Times |
Value at the End of the Period |
$9,000 | 20% | 16 years | $fill in the blank 1 |
$13,000 | 15% | 11 years | $fill in the blank 2 |
$16,000 | 12% | 6 years | $fill in the blank 3 |
$35,000 | 10% | 4 years | $fill in the blank 4 |
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