Interest rates or discount rates. Fill in the interest rates for the following table, . using one of the three meulouS Del a. Use the interest rate formula, r= -1. b. Use the TVM keys from a calculator. c. Use the TVM function in a spreadsheet Present Value Futuro Valuo Numbor of Poriods Intorost Rato $ 529.63 $ 1,884.87 20 6.55 % (Round to two decimal places) $17.207.92 $223.893.69 40 % (Round to two decimal places)

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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Interest rates or discount rates. Fill in the interest rates for the following table, , using one of the three methods below:
FV
a. Use the interest rate formula, r=
PV
- 1.
b. Use the TVM keys from a calculator.
c. Use the TVM function in a spreadsheet.
Present Value
Future Value
Number of Periods
Interest Rate
529.63
5 1,884.87
20
6.55 % (Round to two decimal places.)
$17 207.92
$223,893.69
40
% (Round to two decimal places.)
Transcribed Image Text:Interest rates or discount rates. Fill in the interest rates for the following table, , using one of the three methods below: FV a. Use the interest rate formula, r= PV - 1. b. Use the TVM keys from a calculator. c. Use the TVM function in a spreadsheet. Present Value Future Value Number of Periods Interest Rate 529.63 5 1,884.87 20 6.55 % (Round to two decimal places.) $17 207.92 $223,893.69 40 % (Round to two decimal places.)
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