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=FV1(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
$683.00	3.5%	2	?
$74,196.00	6%	30	?
$348,570.00	11.5%	20	?
$26,964.78	17%	14	?

Future Value	Interest Rate	Number of Periods	Present Value
$683.00	3.5%	2	$nothing (Round to the nearest cent.)

$74,196.00

6%

30

$nothing (Round to the nearest cent.)

$348,570.00

11.5%

20

$nothing (Round to the nearest cent.)

$26,964.78

17%

14

$nothing (Round to the nearest cent.)