Question: Exercise 5-5 (Algo) Solving for unknowns; single amounts (L05-4) For each of the following situations involving single amounts, solve for the unknown. Assume that interest
Exercise 5-5 (Algo) Solving for unknowns; single amounts (L05-4) For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually, interest rate, and n=number of years) (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Present Value Future Value I n 3. 4. 5. $ $ $ $ 10.0% 24,433 10,174 40,772 16,836 $ $ $ 63,000 42,500 125,000 5.0%
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