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tealgoat369Lv1
28 Sep 2019
Find the present value (PV) of $25,000 (= FV) at a discount rate (r or I) of 0%, 1%,
2%,
Find the present value (PV) of $25,000 (= FV) at a discount rate (r or I) of 0%, 1%,
2%,
1
answer
0
watching
88
views
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Trinidad TremblayLv2
28 Sep 2019
Related questions
1.
Complete the following using present value. (Please use the following provided Table.) (Do not round intermediate calculations. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) |
Amount desired at end of period | Length of time | Rate | Compounded | On PV Table 12.3 | PV factor used | PV of amount desired at end of period | |
Period used | Rate used | ||||||
$20,600 | 15 years | 9% | Annually | % | $ | ||
2.
Find the future value. (Use the Table12.1.) (Do not round intermediate calculations. Round the "FV factor" to 4 decimal places and final answer to the nearest cent.) |
Present Value | Length of time | Rate | Compounded | On FV Table | FV factor used | Future value | |
Period used | Rate used | ||||||
$12,988.90 | 5 years | 8% | Quarterly | 20 | 2% | $ | |