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ʎddɐɥ ʎddɐɥ
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7 years ago
Future Value of 1
Periods   5%   7%   9%
1   1.0500   1.0700   1.0900
2   1.1025   1.1449   1.1881
3   1.1576   1.2250   1.2950
4   1.2155   1.3108   1.4116
5   1.2763   1.4026   1.5386
6   1.3401   1.5007   1.6771
7   1.4071   1.6058   1.8280
8   1.4775   1.7182   1.9926
9   1.5513   1.8385   2.1719
10   1.6289   1.9672   2.3674

Future Value of an Annuity of 1
Periods   5%   7%   9%
1   1.0000   1.0000   1.0000
2   2.0500   2.0700   2.0900
3   3.1525   3.2149   3.2781
4   4.3101   4.4399   4.5731
5   5.5256   5.7507   5.9847
6   6.8019   7.1533   7.5233
7   8.1420   8.6540   9.2004
8   9.5491   10.2598   11.0285
9   11.0266   11.9780   13.0210
10   12.5779   13.8164   15.1929

George Clooney made the following investments on January 1, 2006:
   1.   $10,000 at 5% for 3 years.
   2.   $25,000 at 7% for 7 years.
   3.   $50,000 at 9% for 10 years.
Assume the interest on each investment is compounded annually.

REQUIRED:
Calculate the value of Clooney's investments at maturity.
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hol23hol23
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7 years ago
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ʎddɐɥ Author
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7 years ago
Helped a lot
ky
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Yesterday
Thanks for your help!!
veronee_madison
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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