Question: Complete The following problems using either the Financial Functions or the Present Value formula: PV = FV * 1 / ( 1 i ) ^

Complete The following problems using either the Financial Functions or the Present Value formula: PV=FV*1/(1 i)^n Future value formula: FV=PV*(1 i)^n
If you need $60,000 in 8 yrs how much do you need to deposit in the bank the same day if the interest rate is 9%
How much will
$110,000 grow in 9 yrs if invested now.
You ar offered $3,000 in 4 yrs for providing $2,000 today into a Business investment with a friend, Is this a good investment if interest rates are 10%
How much will $82,00 grow in 11 years if its invested today at 8% with a compound interest rate monthly.
How many years will it take for $136,000 to to reach $468,000, if invested in the account with an annual interest rate of 8%
What interest rate should $112,000 be invested so that it will be worth $392,000 in 14 yrs

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