For each of the following situations involving single amounts, solve for the unknown, Assume that interest is compounded annually. (/= interest rate, and n number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (EV of $1, PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $S1) 1. 2. 3. 4. 5. Present Value Future Value S 36,738 $ 54,000 $ 68,000 $ $ $ 17,127 $ 10,117 S 43,500 42,558 $ 135,000 10,378 8% 20% 7% n 16 15 9

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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Exercise 5-7 (Algo) Solving for unknowns; single amounts [LO5-4]
For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/*
interest rate, and n = number of years)
Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of S1, PV of $1. EVA
of $1. PVA of $1. FVAD of $1 and PVAD of $1)
1.
Present Value Future Value
36.738 $ 54,000
17,127 $ 68,000
43,500
10,117 $
42,558 $ 135,000
10,378
$
$
2
3.
$
4. $
5.
$
8%
20%
7%
n
8
16
15
9
Transcribed Image Text:Exercise 5-7 (Algo) Solving for unknowns; single amounts [LO5-4] For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/* interest rate, and n = number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of S1, PV of $1. EVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) 1. Present Value Future Value 36.738 $ 54,000 17,127 $ 68,000 43,500 10,117 $ 42,558 $ 135,000 10,378 $ $ 2 3. $ 4. $ 5. $ 8% 20% 7% n 8 16 15 9
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