Each of the following situations is independent. You may use any computational approach (table, Excel, or financial calculator app); if you use the tables, choose the appropriate factors from the following link(s): (Future Value of $1. Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $1. Einancial Calculator) Case A B C Present Value $ 100,000 (2) (3) Annuity $ 2,000 $3,000 Future Value (1) $ 100,000 Annual Interest Rate 4% 5% 3% 4% Number of Years 5 10 20
Each of the following situations is independent. You may use any computational approach (table, Excel, or financial calculator app); if you use the tables, choose the appropriate factors from the following link(s): (Future Value of $1. Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $1. Einancial Calculator) Case A B C Present Value $ 100,000 (2) (3) Annuity $ 2,000 $3,000 Future Value (1) $ 100,000 Annual Interest Rate 4% 5% 3% 4% Number of Years 5 10 20
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
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Each of the following situations is independent. You may use any computational approach (table, Excel, or financial calculator app); if
you use the tables, choose the appropriate factors from the following link(s): (Future Value of $1. Present Value of $1. Euture Value
Annuity of $1. Present Value Annuity of $1. Financial Calculator)
1.
2
Case
A
3.
4.
B
C
Present
Value
$ 100,000
(2)
Annuity
$ 2,000
$ 3,000
Future
Value
(1)
$ 100,000
(4)
Annual
Interest
Rate
4%
5%
3%
4%
Number of Years
Required:
Compute the missing amounts for (1) through (4). (Round your answers to the nearest dollar.)
4
10
20
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