Question: please solve and explain the formulas! thank you! Find the following values. Compounding/discounting occurs annually. Do not round intermediate colaulations. Round your answers to the

Find the following values. Compounding/discounting occurs annually. Do not round intermediate colaulations. Round your answers to the nearest cent. 8. An initsal 5700 compounded for 10 years at 4%. 5 b. An initial $700 compounded for 10 years at 8\%. 5 C. The present value of 3700 due in 10 years at 4%. 5 d. The present valse of $1,100 ave in 10 yeers at 8% and 4%. Bresent velun at she; 1 e. Define present valoe. 1. The present value is the value todey of a sum of money to be received in the future and in general is lees than the future value. If. The present value is the value today of a sum of money to be received in the fiture and in general is grester than the future value. II. The present vaiue is the value todey of a sum of money to be recetved in the foture and in generat is equai to the future valies. W. The present value is the value in the future of a sum of money to be received tocay and in general is ress thae the futare vishue. Q. The present veiue is the volve in the future of a sum of money to be recelved today and in general is greater than the future value. -Select- Assuming positive interest rates, the present value will increase as the interest rate increases. Assuming positive interest rates, the present value will decrease as the interest rate increases. Assuming positive interest rates, the present value will decrease as the interest rate decreases. Assuming positive interest rates, the present value will not change as the interest rate increases., Assuming positive interest rates, the present value will not change as the interest rate decreases. -Select
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