The following table shows the value of a dollar at the end of a specified period during which it has been compounded ann

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The Following Table Shows The Value Of A Dollar At The End Of A Specified Period During Which It Has Been Compounded Ann 1 (41.81 KiB) Viewed 11 times

The following table shows the value of a dollar at the end of a specified period during which it has been compounded annually at a specified interest rate Interest Rate 6% 1.06. 1.12 1.19 Years 1 2 3 4 5 6 7 8 9 10 20 30 40 50 3% 1.03 1.06 1.09 1.13 1.16 1.19 1:23 1.27 1.30 1.34 1.81 2.43 3.26 4.38 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.48 2.19 3,24 4.80 7.11 5% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.63 2.65 4.32 7.04 11.50 1:26 1.34 1.41 1.50 1,59 1.68 1.79 3.20 5.74 10.30 18 40 8% 1.08 1.17 1.26 1:36 1.47 1.50 1.71 1.85 2.00 2.16 4.66 10.00 21.70 46.90 10% 1.10 121 1:33 1:46 1.61 1.77 1.94 2.14 2.35 12.59 6.72 17.40 45,30 117.00 20% 1.20 144 1.73 2.07 2.49 2.99 3.58 4.30 5.16 6 19 38.30 237 00 1,470.00 9,100.00 The average annual growth rate of the United States was approximately 4% for the last 10 years. This means that a person earning $45,000 ten years ago would be expected to earn $ today (Round your response to the nearest dollar) Recent evidence suggests that the US average annual growth rate is likely to be lower over the next decade. One estimate is that the growth rate will be less than in 10 years (Round your response to the nearest dollar) 3%. This means that a person earning $45,000 today would be expected to earn less than $