Question: Solve the attached problems ( o n e each o f find P , F , i and n ) B e sure t o

Solve the attached problems (one each of find P,F, i and n)Be sure to include the problem statement, cash flow diagram, and show all work. Use engineering graph paper and pencil. Solve the problems two ways (equation and using the factor tables found in the brightspace "Content" section).
Lastly, provide a description for using the factor tables to determine i and n.
F=P*(1+i)ncdots Equation Form
F=P(FPi,n)FPas Find F given P $189,500. Eleven years later the home was
sold for $240,000. What compounded annual interest rate was realized by the homeowner?
Find F
$10,000is borrowed now at15% interest per year. A partial repayment of $4,000is made
four years from now. What is the amount that will remain tobe paid?
Find n
Suppose that you have $10,000 cash today and can invest itat10% per year compounded
yearly. How many years will it take you to become a millionaire?
Find P
If you want to withdraw $50,000at the end of four years, how much should you deposit
now inan account that pays 12% interest compounded annually?
Solve the attached problems ( o n e each o f find

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