For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i = interest rate, and n = number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) 11. 2. 3. 4. 5. Present Value Future Value $ 80,000 94,000 31,841 $ 15,762 $ 50,000 84,482 $ 200,000 13,291 $ $ $ $ i 7% 8% 9% n 9 16 10 15

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i=
interest rate, and n = number of years)
Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA
of $1, PVA of $1, FVAD of $1 and PVAD of $1)
1.
2.
3.
4.
5.
Present Value Future Value
80,000
94,000
50,000
200,000
$
$
$
$
$
31,841 $
15,762 $
84,482 $
13,291
i
7%
8%
9%
n
9
16
10
15
1
Transcribed Image Text:For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i= interest rate, and n = number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) 1. 2. 3. 4. 5. Present Value Future Value 80,000 94,000 50,000 200,000 $ $ $ $ $ 31,841 $ 15,762 $ 84,482 $ 13,291 i 7% 8% 9% n 9 16 10 15 1
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