For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): Present Value Years Interest Rate Future Value 12 6 % $ 15,951 3 12 56,557 28 13 891,073 30 10 555,164

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 intermediate
calculations and round your answers to 2 decimal places, e.g., 32.16.):
Present Value
Years
Interest Rate
Future Value
12
6 %
$
15,951
3
12
56,557
28
13
891,073
30
10
555,164
Transcribed Image Text:For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): Present Value Years Interest Rate Future Value 12 6 % $ 15,951 3 12 56,557 28 13 891,073 30 10 555,164
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