Week 3
Practice Problem Set #1
#1	Given the following Data,
	PV	$1,950.00
	Years	10
	Compound Rate	14.00%
	What is the Future Value?
#2	Given the following data:
	FV	$16,451.00
	Years	14
	Discount Rate	8.00%
	What is the Present Value?
#3	ABC Corp. has an unfunded pension liability of	$571,000,000
	It must be paid in	15	years.
	The discount rate is	6.40%
	What is the present value of the liability?
#4	Your coin collection contains	48	1952 silver dollars.
	Your grandparents purchased them for their face value when they were new in 1952.
	You plan to retire in the year 2058.
	You feel that they will appreciate in value by	5.30%
	What will the collection be worth in 2058?
#5	Suppose you want ot own a Ferrari.
	The cost will be	$202,000.00
	The appropratie discount rate is	12.0%
	The time horizon is	9	years.
	How much must you invest today to the buy the car in the future?
#6	You have just made a contribution to your retirement account in the amount of		$5,900.00
	The compound rate is	11.00%
	You plan on retiring in	36	years.
	What will the account be worth when you retire?