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