1509935351013 0AA Input Keystroke PIY NI PVFV P/Y indicates the number of period
ID: 2564010 • Letter: 1
Question
1509935351013 0AA Input Keystroke PIY NI PVFV P/Y indicates the number of periods per year, N is the number of years, I is the interest DifferenceFVx-FVA Dakota So, what do you think? Gabriella Your work looks fantastic But now Ive got to challenge you with one last question: What would happen to the two future value numbers and the difference between them if the two accounts did not pay interest? so Dakota Uh.if the interest rate were zero, then interest would earned by : the future value of account A would be : the future value of X would be : and the difference between the two accounts would be 2163Explanation / Answer
Here we have data to calculate FVand it is
FV=PV*(1+I)^n
=2000*(1+9%)^3
=2590.06
There is no data for account A so i did not calculate for it and respond for the difference between X and A