What is the future value (FV) of $20,000 in four years, assuming the interest rate is 4% per year? O $15,208.16 O$25,736.89 O $19,887.59 O $23,397.17

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
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What is the future value (FV) of $20,000 in four years, assuming the interest rate is 4% per year? O $15,208.16 O$25,736.89 O $19,887.59 O $23,397.17

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