Future Value [2910]
Joan has $10,000 now and expects to have an additional $20,000 at the end of three years. How much will she have at the end of 10 years if a reasonable interest rate is 8%?
Column
Rate
Years
Amount
Factor
Value
1
8.0%
10
$10,000
2.158925
$21,589
7
$20,000
1.713824
$34,276
$55,866
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