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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Determine the future value of $11,000 under each of the following sets of assumptions: (Use FV of $1) (Round "FV Factors" to 5 decimal places and final answers to the nearest dollar amount.)
   Annual
Rate  Period
Invested  Interest
Compounded  Future
Value
1.    8  %    8  years  Semiannually  $
 Â
2.    12      5  years  Quarterly  $
 Â
3.    12      40  months  Monthly  $
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