Question: For Problems 1-5, complete the table given the following information: Problem Number PV FV r n m 1. $100 ? .10 1 1 2. $100

For Problems 1-5, complete the table given the following information:

Problem Number

PV

FV

r

n

m

1.

$100

?

.10

1

1

2.

$100

?

.10

2

1

3.

$125

?

.10

1

1

4.

$175

?

.15

20

1

5.

$175

?

.155

5

1

  1. What is the future value of $1,000 in 2 years if it is invested at an interest rate of 8%?
  2. If you borrowed $10,000 today for 5 years at 9% interest, how much would you have to pay back?

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