Question: Work in pairs to find the missing values in the following table, then share your answers with your other team members. Check for discrepancies
Work in pairs to find the missing values in the following table, then share your answers with your other team members. Check for discrepancies in your answers and work these out as a group. (round up your answers to 2 decimals) PRESENT VALUE (PV) $2500 $7850 (iii) (iv) $550 $550 $225 $1250 YEARS (N) 12 30 25 2 3 9 (vii) (viii) INTEREST RATE (1) 5% 10% 6.5% 11% (v) (vi) 6% 5% FUTURE VALUE (FV) (i) $875,000 $6500 $660 $680 $450 $1375
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To calculate missing values in the table we can use the basic formulas for present value PV futur... View full answer
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