Find the future value of an investment

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Find the future value of an investment of $3,400 made today for the following rates and periods: (Use 365 days for calculation. If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to the nearest penny.) a. 6.25 percent compounded semiannually for 12 years. Future value $ b. 7.63 percent compounded quarterly for six years. Future value $ c. 8.9 percent compounded monthly for 10 years. Future value $ d. 10 percent compounded daily for three years. Future value $ e. 8 percent compounded continuously for two years. Future value $

Reference no: EM131049264

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