Solve for Present Value (round to the nearest cent) Future Value = $1,000,000 Years = 50
Question:
Solve for Present Value (round to the nearest cent)
Future Value = $1,000,000
Years = 50
Interest Rate = 10%
Present Value = $10,865
Years = 30
Interest Rate = 6%
Solve for Future Value (round to the nearest cent)
Present Value = $5,000
Future Value = $50,000
Years = 25
Solve for Interest Rate(round to the nearest tenth)
Present Value = $25
Future Value = $5,000
Interest Rate = 18
Solve for the Number of Periods (round to the nearest tenth)
Present Value = $500
Future Value = $2,500
Interest Rate = 15
Solve for the Number of Periods (round to the nearest tenth)
Present Value = $85,350
Future Value = $115,850
Interest Rate = 10
Solve for the Number of Periods (round to the nearest tenth)
Present Value = $100
Years = 40
Interest Rate = 8%
Solve for Future Value (round to the nearest cent)
Future Value = $835
Years = 5
Interest Rate = 5%
Solve for Present Value (round to the nearest cent)
Present Value = $1,586
Years = 15
Interest Rate = 13%
Solve for Future Value (round to the nearest cent)
Future Value = $251,850
Years = 15
Interest Rate = 7%
Solve for Present Value (round to the nearest cent)
Present Value = $3,280
Future Value = $15,850
Interest Rate = 7
Solve for the Number of Periods (round to the nearest tenth)
Future Value = $1,000
Years = 8
Interest Rate = 12%
Solve for Present Value (round to the nearest cent)
Present Value = $975
Future Value = $1,500
Years = 2
Solve for Interest Rate(round to the nearest tenth)
Present Value = $256,521
Years = 5
Interest Rate = 10%
Solve for Future Value (round to the nearest cent)
Present Value = 850
Future Value = $8,512
Years = 5
Solve for Interest Rate(round to the nearest tenth)
Present Value = $1,500
Future Value = $15,000
Years = 10
Solve for Interest Rate(round to the nearest tenth)
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta