2 3 5 is Present Value Answer is complete but not entirely correct. Annuity Amount 2.200 145,000 190,000 72.523 45,787 8,764 $ 6 558,665 480,945 520,000 240,000 8% 1.0% 9% 2.5% 10% ns 5 30

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 annuities, solve for the unknown. Assume that interest is compounded annually and that
all annuity amounts are received at the end of each period. (/= 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. EVAD of $1 and PVAD of $1)
1. $
2
3
4.
15
Present
Value
Answer is complete but not entirely correct.
Annuity Amount
2.200
145,000
190,000
72.523
45,787
8,784
558,865
480,945
520,000
240,000
8%
1.0%
9%
2.5%
10%
n=
5
4
30
8
4
Transcribed Image Text:For each of the following situations involving annuities, solve for the unknown. Assume that interest is compounded annually and that all annuity amounts are received at the end of each period. (/= 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. EVAD of $1 and PVAD of $1) 1. $ 2 3 4. 15 Present Value Answer is complete but not entirely correct. Annuity Amount 2.200 145,000 190,000 72.523 45,787 8,784 558,865 480,945 520,000 240,000 8% 1.0% 9% 2.5% 10% n= 5 4 30 8 4
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