E 6-1 Determine the future value of the following single amounts:

E 6-1 Determine the future value of the following single amounts:

E 6-1 Future value; single amount

Determine the future value of the following single amounts:
Invested Amount         Interest Rate     No. of Periods
1.         $15,000                       6%                   12
2.         20,000                                     8                      10
3.         30,000                                     12                    20
4.         50,000                                     4                      12
ANSWER KEY Exercise 6-1