For each of the following, compute the present value: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) Interest Future value Present Value Years Rate $ 15,851 14 8% 14 55,557 30 15 890,073 35 8 554,164

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. Round the final answers to 2 decimal
places. Omit $ sign in your response.)
Interest
Future value
Present Value
Years
Rate
$ 15,851
14
8%
14
55,557
30
15
890,073
35
8.
554,164
Transcribed Image Text:For each of the following, compute the present value: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) Interest Future value Present Value Years Rate $ 15,851 14 8% 14 55,557 30 15 890,073 35 8. 554,164
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