For each of the following, compute the present value: (Do not round inte calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years 12 4 16 21 Interest Rate 4% 9 12 11 Future Value $ 18,528 42,717 802,382 659,816

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, compute the present value: (Do not round inte
calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present Value
Years
12
4
16
21
Interest Rate
4 %
9
12
11
Future Value
$
18,528
42,717
802,382
659,816
Transcribed Image Text:For each of the following, compute the present value: (Do not round inte calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years 12 4 16 21 Interest Rate 4 % 9 12 11 Future Value $ 18,528 42,717 802,382 659,816
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