(Solved): Exercise 5-2 (Algo) Future value; single amounts [LO5-2] Determine the future value of $24,000 und ...

Exercise 5-2 (Algo) Future value; single amounts [LO5-2] Determine the future value of $24,000 under each of the following sets of assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.): 1. 2. 3. Annual Rate 8% 8% 36% Period Invested 9 years 3 years 10 months Interest Compounded Semiannually Quarterly Monthly ¡= n = Present Value $ $ $ 24,000 24,000 24,000 Future Value