Calculate the future value in five years of $4,000 received today if your investments pay for the following interest rates.

Calculate the future value in five years of $4,000 received today if your investments pay for the following interest rates.

 

.6 percent compounded annually5,352.90selected answer correct

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b.8 percent compounded annually5,877.31selected answer correct

c.10 percent compounded annually6,442.04selected answer correct

d.10 percent compounded semiannually6,515.58selected answer correct

e.10 percent compounded quarterly6,554.47selected answer correct