Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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For each of the following, compute the present value:
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.
Present Value
Years
Interest Rate
Future Value
9
6%
$
17,628
1
12 %
41,817
13
15 %
793,382
18
14 %
650,816
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Transcribed Image Text:For each of the following, compute the present value: Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Present Value Years Interest Rate Future Value 9 6% $ 17,628 1 12 % 41,817 13 15 % 793,382 18 14 % 650,816
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