Respuesta :
The future value of 20 periodic payments of 4770 each made at the beginning of each period and compounded at 8% is $235,747.32
Future Value = $4,770 × Future value of an annuity due (8%, 20)
Future Value = $4,770 × 49.42292
Future Value = $235747.328
Future Value = $235,747.32
- A current asset's future value (FV), which is based on an assumed growth rate, is its value at some point in the future.
- The FV calculation allows investors to predict an investment's return with reasonable accuracy.
- Due to market volatility and a lack of certainty regarding future investment conditions, it can be difficult to calculate the FV of a market investment.
- The FV of an asset can be calculated in two different ways: using simple interest and using compound interest.
- Present value (PV) is the antithesis of future value (FV); the former determines what something will be worth in the future, whereas the latter determines what it will be worth today in the future.
Learn more about Future Value, here
https://brainly.com/question/14860893
#SPJ4
