Future Values- Compute the future value of a $100 cash flow for the same combinations of rates and times as in problem 1.
a. r= 8 percent. t= 10 years
b. r=8 percent t = 20 years
c. r=4 percent t= 10 years
d. r=4 percent t= 20 years
Future value can be found using the FVIF table. Look for the factor under the given time and rate
We can do the ...
The solution explains how to calculate the future values