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Joshua Kelly estimates that taking some classes would result in earning $11,100 more a year for the next 20 years. Based on an annual
interest rate of 8 percent, calculate the future value of these classes. Use Exhibit 1-B. (Round time value factor to 3 decimal places
and final answer to 2 decimal places.)

Joshua Kelly estimates that taking some classes would result in earning 11100 more a year for the next 20 years Based on an annual interest rate of 8 percent ca class=

Respuesta :

Answer:

$507 958.20

Step-by-step explanation:

11 100 x   table value for 20 years , 8%

11,100 x 45.762 = $ 507,958.20

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