Question: Problem 4-3 Calculating Present Values [LO 2] For each of the following, compute the present value: (Do not round intermediate calculations and round your answers
Problem 4-3 Calculating Present Values [LO 2]
For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Present Value | Years | Interest Rate | Future Value | |||||||||
| $ | 9 | 7 | % | $ | 18,428 | |||||||
| 1 | 12 | 42,617 | ||||||||||
| 13 | 15 | 801,382 | ||||||||||
| 18 | 14 | 658,816 | ||||||||||
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