Assume you invest $15,000 today. How much will you have in five years at an interest rate of​ 10%?       Future Value of​ $1:   ​8% ​9% ​10% 1 1.080 1.090 1.100 2 1.166 1.188 1.210 3 1.260 1.295 1.331 4 1.360 1.412 1.464 5 1.469 1.539 1.611 6 1.587 1.677 1.772         A. $24,165   B. $23,085   C. $21,960   D. $26,580

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Assume you invest
$15,000
today. How much will you have in five years at an interest rate of​ 10%?    
 
Future Value of​ $1:
 
​8%
​9%
​10%
1
1.080
1.090
1.100
2
1.166
1.188
1.210
3
1.260
1.295
1.331
4
1.360
1.412
1.464
5
1.469
1.539
1.611
6
1.587
1.677
1.772
 
 
 
 
A.
$24,165
 
B.
$23,085
 
C.
$21,960
 
D.
$26,580
 
 
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