Question: Present values. Fill in the present values for the following table using one of the three methods below: a.Use the present value formula, PV equals
Present values. Fill in the present values for the following table using one of the three methods below:
a.Use the present value formula, PV equals FV times StartFraction 1 Over left parenthesis 1 plus r right parenthesis Superscript n EndFractionPV=FV 1 (1+r)n.
b.Use the TVM keys from a calculator.
c.Use the TVM function in a spreadsheet. Future Value Interest Rate Number of Periods Present Value
Future Value Interest Rate Number of Periods Present Value $899.00 4% 6 ? $79,278.00 7.5% 38 ? $347,004.00 12% 20 ? $25,854.69 17% 10 ?
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