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P5-2 Future value calculation Without referring to the preprogrammed function on your financial calculator, use the basic formula for future value along with the given interest rate, t, and the number of periods, n, to calculate the future value of $1 in each of the cases shown in the following table. Case A B Interest rate, 12% 6 9 3 Number of periods, n 2 3 2 D 4 P5-11 Present values For each of the cases shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow is received at the end of the period noted. Cash End of period (years) 4 A B 20 Single cash flow $ 7,000 28,000 10,000 150,000 45,000 Discount rate 12% 8 14 11 20 D E 12 6 8