a. using the future value formula, FV = PV x (1+ r)^n.
b. using the TVM keys or function from a calculator or spreadsheet.
Present Value Interest Rate Number of Periods Future Value
$400.00 5.00% 5 ?
$17,411.00 6.00% 30 ?
$35,000.00 10.00% 20 ?
$26,981.75 16.00% 15 ?
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