Solved: Calculate future value at end of specified deposit period, Finance Basics

Calculate future value at end of specified deposit period

Problem: For each of the cases in the following table: Calculate the future value at the end of the specified deposit period.

Case    Amount of initial deposit    Compounding period    Interest rate for compounding period    Deposit period (years)    Deposit at end of each year
A    $25,000 Monthly    0.50    10    $2,500
B    $50,000 Biannually 3.50    8   $1,000
C    $75,000 Annually    6.50    6    $0

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Finance Basics: Calculate future value at end of specified deposit period

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