Compute the Future Value of the Following Invested Amounts at the Specified

question 58

Short Answer

Compute the future value of the following invested amounts at the specified periods and interest rates.
$$\begin{array} { l c c c } \text { Item } & \begin{array} { c c c } \text { Invested } \\\text { Amount }\end{array} & \begin{array} { c } \text { Interest } \\\text { Rate }\end{array} & \begin{array} { c } \text { Number } \\\text { of } \\\text { Periods }\end{array} \\\hline\text { a. } & \$ 20,00 & 8 \% &10 \\\text { b. } & \$30,000 & 2 \% & 8 \\\text { c. } & \$ 10,000 & 12 \% & 15\\\end{array}$$

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A flexible approach to production that can be quickly adjusted in response to changing market demands or technological advancements.

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