Compute the present value of the following: a. $100 due in 30 years at 4% compounded annually

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Compute the present value of the following:
a. $100 due in 30 years at 4% compounded annually
b. $250 due in 8 years at 8% compounded quarterly
c. $1,000 due in 2 years at 12% compounded monthly
Required:
Calculations of present and future value (or single payments and for annuities, to make the exercises more realistic, we do not give specific guidance with each individual exercise.

Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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