Using provided data, solve for future value. Use the I/Y and N values when looking...
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Using provided data, solve for future value. Use the I/Y and N values when looking up the factor in the tables. Do NOT use the annual values. Round your final answer to the nearest whole dollar. Facts PV: $101,000 FV: Annual Interest Rate: 2496 1/Y: 296 n: (Number of years) 4 N: (Number of compounding periods) 48 Compounded (Y) Monthly Table Method FV 2 PV X Factor 101000 X
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