Present Value of 1 Future Value of 1

question 48

True/False

Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 The future value of $100 compounded semiannually for 3 years at 12% equals $140.49.
Future Value = Present Value * Interest Factor
FV of 1 factor for n = 6 and i = 6% = 1.4185
Future Value = $100 * 1.4185 = $141.85

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