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(Solved): Future Value Exercise Using the Future Value formula for a compound amount \( F V=P V(1+i)^{n} \) D ...
Future Value Exercise Using the Future Value formula for a compound amount \( F V=P V(1+i)^{n} \) Do not include the \( \$ \) sign in your answers. Do not include the, to indicate thousands in your answer. (A) Find the amount to which \( \$ 4,800 \) will grow if invested at \( 3.22 \% \) per annum compounded quarterly for seven years. FV \( = \) (B) What is the future value after 69 months of \( \$ 2,068 \) invested at \( 4.68 \% \) p.a. compounded semiannually? FV \( = \) (C) What will be the worth of a deposit of \( \$ 1,872 \) made into a registered retirement savings plan for 22 years, at \( 4.46 \% \) p.a. compounded quarterly? \( \mathrm{FV}= \) (D) Find the accumulated value of \( \$ 1,028 \) invested for 2 year and 7 months at \( 10.71 \% \) p.a. compounded annually. FV = (E) Determine the future value amount of \( \$ 427 \) invested at \( 6.82 \% \) p.a. compounded quarterly for three years and three months. FV \( = \) (F) A debt of \( \$ 2,647 \) is payable together with interest at 9.38\% p.a. compounded quarterly, 4 years and 2 months later. Determine the amount paid. \( \mathrm{FV}= \)