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 14 5 30 Interest Rate 8 % 14 15 Future value $ 15,151 48,557 883,073
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 14 5 30 Interest Rate 8 % 14 15 Future value $ 15,151 48,557 883,073
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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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.)
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
14
5
30
35
Interest Rate
8%
14
15
8
Future value
$
15,151
48,557
883,073
547,164
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