Fill in the present values for the following table, using one of the three methods below:...

 

Transcribed Image Text:

Fill in the present values for the following table, using one of the three methods below: a. Use the present value formula, PV=FVx- b. Use the TVM keys from a calculator. c. Use the TVM function in a spreadsheet. Data table 1 (1+r)^ (Click on the following icon in order to copy its contents into a spreadsheet.) Number of Periods 2 38 23 16 Future Value $648.00 $75,822.00 $355,662.00 $26.932.45 Interest Rate 3.5% 7.5% 10.5% 16.5% Present Value ? ? ? ? - X Fill in the present values for the following table, using one of the three methods below: a. Use the present value formula, PV=FVx- b. Use the TVM keys from a calculator. c. Use the TVM function in a spreadsheet. Data table 1 (1+r)^ (Click on the following icon in order to copy its contents into a spreadsheet.) Number of Periods 2 38 23 16 Future Value $648.00 $75,822.00 $355,662.00 $26.932.45 Interest Rate 3.5% 7.5% 10.5% 16.5% Present Value ? ? ? ? - X

Answer rating: 100% (QA)

To calculate the present values using the given future values interest rates and number of ... View the full answer