Question: For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present
For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present value Years interest rate Future Value
1800 10 14%
7852 8 8%
67355 15 13%
174796 6 5%
------------------------------------------------------------------------------------------------------------
For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present value Years interest rate Future Value
12 6% 14,751
3 12% 44,557
28 13% 879073
30 10% 543164
---------------------------------------------------------------------------------------------------------------
Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Present value Years interest rate Future Value
210 5 % 270
330 19 % 997
36000 20 % 175751
35261 30 % 764676
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
