Computing Future and Present Values

• When answering the following questions, round your answer to the nearest whole number
• Do not use a negative sign with your answer.

1.	What is the present value of $7,500 to be received after 5 years, discounted at 5%?
2.	What is the future value of $15,000 at the end of 4 years, compounded at 6%?
3.	What is the present value of equal payments of $27,000 due at the end of each of 8 periods,
	discounted at 5%?
4.	What is the future value of equal payments of $37,500 made at the beginning of each of
	5 periods, compounded at 7%?
5.	What is the present value of equal payments of $30,000 made at the end of 8 periods,
	compounded at 6%? The payments are deferred for 3 years before they begin.