Calculating Annuity Future value.
1. Calculating Future Values What is the future value of $1,400 in 20 years assuming an interest rate of 9.6 percent compounded semiannually?
2. Calculating Future Values Corpstcio Credit Bank is offering 8.4 percent compounded daily on its savings accounts. If you deposit $6,000 today, how much will you have in the account in 5 years? In 10 years? In 20 years?