Monday

October 20, 2014

October 20, 2014

Posted by **dean** on Wednesday, August 1, 2012 at 4:12pm.

- finance -
**MathMate**, Wednesday, August 1, 2012 at 7:00pmPresent value=PV=2000

r=rate per period(6 periods/year)=(0.04/6)

n=number of periods=6years*6periods/year=36

Use following formula to calculate future value

FV=PV*(1+r)^n

**Answer this Question**

**Related Questions**

Finance 370 - what is the future value of $5,000 in a bank account for 7 years ...

finance - What is the future value of $4000 in a bank for 9 years at 6% ...

Finance 370 - what is the future value of $5000 in a bank account of 7 years at ...

Finance - You are currently investing your money in a bank account which has a ...

Personal Finance - NEED HELP IMMEDIATELY, HAVE UNTIL 10P.M. CENTRAL TO HAVE ...

Finance - You receive $12,000 and looking for a bank to deposit the funds. Bank ...

Finance - You receive $12,000 and looking for a bank to deposit the funds. Bank ...

Math - If a nurse deposits $2,000 today in a bank account and the interest is ...

Accounting - How do I calculate the future value of the following? $5,000 ...

personal finance - calculating future value of retirement account in which you ...