How much would you invest today in order to receive $30,000 in each of the following independent scenarios: 10 years at 9% 8 years at 12% 14 years at 15% 24 years at 10% complete the following table: Present Value (PV) Rate Time (Years) Future Value (FV) A ? 9% 10 $30,000.00 B ? 12% 8 $30,000.00 C ? 15% 14 $30,000.00 D ? 10% 24 $30,000.00 PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67). Use the present value of $1 table in the verify that your answers above are correct: Future Value (FV) Rate Time (Years) FV Factor (from Table) Present Value (PV) A $30,000.00 9% 10 ? ? B $30,000.00 12% 8 ? ? C $30,000.00 15% 14 ? ? D $30,000.00 10% 24 ? ? PLEASE NOTE: All PV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).
How much would you invest today in order to receive $30,000 in each of the following independent scenarios: 10 years at 9% 8 years at 12% 14 years at 15% 24 years at 10% complete the following table: Present Value (PV) Rate Time (Years) Future Value (FV) A ? 9% 10 $30,000.00 B ? 12% 8 $30,000.00 C ? 15% 14 $30,000.00 D ? 10% 24 $30,000.00 PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67). Use the present value of $1 table in the verify that your answers above are correct: Future Value (FV) Rate Time (Years) FV Factor (from Table) Present Value (PV) A $30,000.00 9% 10 ? ? B $30,000.00 12% 8 ? ? C $30,000.00 15% 14 ? ? D $30,000.00 10% 24 ? ? PLEASE NOTE: All PV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 11EA: How much would you invest today in order to receive $30,000 in each of the following (for further...
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8. How much would you invest today in order to receive $30,000 in each of the following independent scenarios:
- 10 years at 9%
- 8 years at 12%
- 14 years at 15%
- 24 years at 10%
complete the following table:
| Present Value (PV) | Rate | Time (Years) | ||
| A | ? | 9% | 10 | $30,000.00 |
| B | ? | 12% | 8 | $30,000.00 |
| C | ? | 15% | 14 | $30,000.00 |
| D | ? | 10% | 24 | $30,000.00 |
PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).
Use the present value of $1 table in the verify that your answers above are correct:
| Future Value (FV) | Rate | Time (Years) | FV Factor (from Table) | Present Value (PV) | |
| A | $30,000.00 | 9% | 10 | ? | ? |
| B | $30,000.00 | 12% | 8 | ? | ? |
| C | $30,000.00 | 15% | 14 | ? | ? |
| D | $30,000.00 | 10% | 24 | ? | ? |
PLEASE NOTE: All PV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).
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