Which columns in the compound interest tables deal with future values?

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To determine which columns in the compound interest tables correspond to future values, it is essential to understand what future value represents in the context of compound interest. Future value (FV) calculates how much an investment made today will grow over a specified period at a particular interest rate.

In typical compound interest tables, columns that address future values often consist of different time periods, interest rates, or combination metrics that help calculate the growth of an investment. Specifically, the first few columns usually represent the principal or amount invested (which may serve as a base), the growth periods (like years), and the future values resulting from applying the compound interest formula.

The option indicating columns 1, 2, and 3 implies that these columns contain crucial information pertinent to computing future values: the principal amount, the time factor, and the resulting future value based on the interest accumulation over that time.

Thus, this selection is deemed accurate based on the typical structure of compound interest tables, which are designed to illustrate how different periods and rates influence the final amount of an investment.

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