Future value of $1 table

3 Comments on Future value of $1 table

1. 

   jlkkkl

   yes

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2. 

   Azhar Moin

   $6,000 × (1 + 9%)12
   = $6,000 × 2.813*
   = $16,878
   Sir, I want to know how you calculate 2.813* ? as per your solution of compound Interest
   waiting your prompt Reply
   with Regards
   Azhar Moin

   Reply
1. 

   CA Ankur Gupta

   (1.09)raise to the power 12 = 2.813

   alternatively multiply (1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)=2.813

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