Problem:
V=future value 9.85 when:
pv=present value is l
i=interest rate per period or 10%
n=number of periods (n is an exponent) is 24
fv = pv*((1+i)^n)
fv = 1*((1+0.1)^24
fv = 9.85
How much would your dollar be worth if you had taken .33 out of your investment at the end of the 12th year?