Question: 6. Foreign exchange problems: a. Present value- 15,000. Exchange Rate-$1.31/E Interest rate-8.5%. Time frame- 10 years. What is the future value? b. Present value- 23,000.

6. Foreign exchange problems: a. Present value- 15,000. Exchange Rate-$1.31/E Interest rate-8.5%. Time frame- 10 years. What is the future value? b. Present value- 23,000. Exchange Rate -$1.31/ei Interest rate-9.3%. Time frame- 6 years. What is the future value? Future value= 700,000. Exchange Rate $0.0089%! Interest rate 8.6% Time frame 8 years. What is the present value? c. d. Future value 71,000. Exchange Rate $1.31/1 Interest rate-7.4% Time frame 9 years. What is the present value? e. Future value 1,200,000. Present value y800,000 Exchange Rate = $0.0089/VI Time frame 8 years. What is the interest rate

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