Calculate the present value (principal) and the compound interest (in $). Use Table 11-2 attached. Round your
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Calculate the present value (principal) and the compound interest (in $). Use Table 11-2 attached. Round your answers to the nearest cent.
Compound Amount $800,000
Term of Investment 10 years
Nominal rate 4%
Interest Compounded - Annually
Need to know the present value and compound interest
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TABLE 11-2 Present Value Table (Present Value of $1 at Compound Interest) Periods % 1 0.99502 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 1% 1% 2% 3% 4% 0.99010 0.98522 0.98039 0.97087 0.96154 0.99007 0.98030 0.97066 0.96117 0.94260 0.92456 0.98515 0.97059 0.95632 0.94232 0.91514 0.88900 0.98025 0.96098 0.94218 0.92385 0.88849 0.85480 0.97537 0.95147 0.92826 0.90573 0.86261 0.82193 0.97052 0.94205 0.96569 0.93272 0.96089 0.95610 0.95135 0.90529 0.91454 0.88797 0.83748 0.79031 0.74622 0.90103 0.87056 0.81309 0.75992 0.71068 0.92348 0.88771 0.85349 0.78941 0.73069 0.67684 0.91434 0.87459 0.83676 0.76642 0.70259 0.64461 0.86167 0.82035 0.74409 0.67556 0.61391 0.55839 5% 6% 7% 8% 0.95238 0.94340 0.90703 0.89000 0.93458 0.92593 0.87344 0.85734 0.86384 0.83962 0.81630 0.79383 0.82270 0.79209 0.76290 0.78353 0.74726 0.71299 0.73503 0.68058 0.94661 0.89632 0.84893 0.80426 0.72242 0.94191 0.88745 0.83639 0.78849 0.70138 0.93722 0.87866 0.82403 0.77303 0.68095 0.93256 0.86996 0.81185 0.75788 0.66112 0.57748 0.92792 0.86135 0.79985 0.74301 0.64186 0.55526 0.92330 0.85282 0.78803 0.72845 0.62317 0.53391 0.91871 0.84438 0.77639 0.71416 0.60502 0.51337 0.91414 0.83602 0.76491 0.70016 0.58739 0.49363 0.41552 0.90959 0.82774 0.75361 0.68643 0.57029 0.47464 0.39573 0.74247 0.67297 0.55368 0.45639 0.37689 0.90506 0.81954 0.90056 0.81143 0.73150 0.65978 0.89608 0.80340 0.72069 0.64684 0.89162 0.79544 0.71004 0.63416 0.88719 0.78757 0.69954 0.62172 0.88277 0.77977 0.68921 0.60953 0.70496 0.66634 0.63017 0.66506 0.62275 0.58349 0.62741 0.58201 0.54027 0.59190 0.54393 0.50025 0.50835 0.46319 0.42888 0.64958 0.58468 0.52679 0.47509 0.62460 0.55684 0.49697 0.44401 0.39711 0.60057 0.53032 0.46884 0.41496 0.36770 0.50507 0.44230 0.38782 0.34046 0.48102 0.41727 0.36245 0.31524 0.53755 0.52189 0.50669 0.40573 0.49193 0.39012 0.47761 0.37512 0.45811 0.39365 0.33873 0.29189 0.43630 0.37136 0.31657 0.27027 0.35034 0.29586 0.25025 0.33051 0.27651 0.23171 0.31180 0.25842 0.43883 0.35894 0.29416 0.24151 0.42196 0.34185 0.27751 0.32557 0.26180 0.31007 0.24698 0.29530 0.23300 0.21455 0.19866 0.18394 0.17032 0.22571 0.21095 0.19715 0.15770 0.18425 0.14602 Periods 1 2 3 4 5 6 7 8 9 10 HDRHD 20%28 G 11 12 13 14 15 16 17 18 19 21 22 23 24 25 TABLE 11-2 Present Value Table (Present Value of $1 at Compound Interest) Periods % 1 0.99502 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 1% 1% 2% 3% 4% 0.99010 0.98522 0.98039 0.97087 0.96154 0.99007 0.98030 0.97066 0.96117 0.94260 0.92456 0.98515 0.97059 0.95632 0.94232 0.91514 0.88900 0.98025 0.96098 0.94218 0.92385 0.88849 0.85480 0.97537 0.95147 0.92826 0.90573 0.86261 0.82193 0.97052 0.94205 0.96569 0.93272 0.96089 0.95610 0.95135 0.90529 0.91454 0.88797 0.83748 0.79031 0.74622 0.90103 0.87056 0.81309 0.75992 0.71068 0.92348 0.88771 0.85349 0.78941 0.73069 0.67684 0.91434 0.87459 0.83676 0.76642 0.70259 0.64461 0.86167 0.82035 0.74409 0.67556 0.61391 0.55839 5% 6% 7% 8% 0.95238 0.94340 0.90703 0.89000 0.93458 0.92593 0.87344 0.85734 0.86384 0.83962 0.81630 0.79383 0.82270 0.79209 0.76290 0.78353 0.74726 0.71299 0.73503 0.68058 0.94661 0.89632 0.84893 0.80426 0.72242 0.94191 0.88745 0.83639 0.78849 0.70138 0.93722 0.87866 0.82403 0.77303 0.68095 0.93256 0.86996 0.81185 0.75788 0.66112 0.57748 0.92792 0.86135 0.79985 0.74301 0.64186 0.55526 0.92330 0.85282 0.78803 0.72845 0.62317 0.53391 0.91871 0.84438 0.77639 0.71416 0.60502 0.51337 0.91414 0.83602 0.76491 0.70016 0.58739 0.49363 0.41552 0.90959 0.82774 0.75361 0.68643 0.57029 0.47464 0.39573 0.74247 0.67297 0.55368 0.45639 0.37689 0.90506 0.81954 0.90056 0.81143 0.73150 0.65978 0.89608 0.80340 0.72069 0.64684 0.89162 0.79544 0.71004 0.63416 0.88719 0.78757 0.69954 0.62172 0.88277 0.77977 0.68921 0.60953 0.70496 0.66634 0.63017 0.66506 0.62275 0.58349 0.62741 0.58201 0.54027 0.59190 0.54393 0.50025 0.50835 0.46319 0.42888 0.64958 0.58468 0.52679 0.47509 0.62460 0.55684 0.49697 0.44401 0.39711 0.60057 0.53032 0.46884 0.41496 0.36770 0.50507 0.44230 0.38782 0.34046 0.48102 0.41727 0.36245 0.31524 0.53755 0.52189 0.50669 0.40573 0.49193 0.39012 0.47761 0.37512 0.45811 0.39365 0.33873 0.29189 0.43630 0.37136 0.31657 0.27027 0.35034 0.29586 0.25025 0.33051 0.27651 0.23171 0.31180 0.25842 0.43883 0.35894 0.29416 0.24151 0.42196 0.34185 0.27751 0.32557 0.26180 0.31007 0.24698 0.29530 0.23300 0.21455 0.19866 0.18394 0.17032 0.22571 0.21095 0.19715 0.15770 0.18425 0.14602 Periods 1 2 3 4 5 6 7 8 9 10 HDRHD 20%28 G 11 12 13 14 15 16 17 18 19 21 22 23 24 25
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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