If you invest $12,000.00 today, how much will you have in the future under each of the following independent scenarios: 10 years at 9% 8 years at 12% 14 years at 15% 24 years at 10% Present Value (PV) Rate Time (Years) Future Value (FV) A $12,000.00 9% 10 ? B $12,000.00 12% 8 ? C $12,000.00 15% 14 ? D $12,000.00 10% 24 ? PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67). Use the future value of $1 table in the Appendix B PV FV Tables Appendix B PV FV Tablesand verify that your answers above are correct: PV Rate Time (Years) FV Factor (from Table) Future Value (FV) A $12,000.00 9% 10 ? ? B $12,000.00 12% 8 ? ? C $12,000.00 15% 14 ? ? D $12,000.00 10% 24 ? ? PLEASE NOTE: All FV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).

Principles of Accounting Volume 2
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ISBN:9781947172609
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Chapter11: Capital Budgeting Decisions
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Problem 9EB: If you invest $15,000 today, how much will you have in (for further instructions on future value in...
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4. If you invest $12,000.00 today, how much will you have in the future under each of the following independent scenarios:

  1. 10 years at 9%
  2. 8 years at 12%
  3. 14 years at 15%
  4. 24 years at 10%

 

  Present Value (PV) Rate Time (Years) Future Value (FV)
A $12,000.00 9% 10 ?
B $12,000.00 12% 8 ?
C $12,000.00 15% 14 ?
D $12,000.00 10% 24 ?

PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).

Use the future value of $1 table in the Appendix B PV FV Tables Appendix B PV FV Tablesand verify that your answers above are correct:

  PV Rate Time (Years) FV Factor (from Table) Future Value (FV)
A $12,000.00 9% 10 ? ?
B $12,000.00 12% 8 ? ?
C $12,000.00 15% 14 ? ?
D $12,000.00 10% 24 ? ?

PLEASE NOTE: All FV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).

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