Determine the present value of the following single amounts. Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Future Amount ¡ = n = Present Value 1. $ 23,000 4% 15 2. $ 17,000 8% 12 3. $ 28,000 12% 24 4. $ 43,000 10% 8
Determine the present value of the following single amounts. Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Future Amount ¡ = n = Present Value 1. $ 23,000 4% 15 2. $ 17,000 8% 12 3. $ 28,000 12% 24 4. $ 43,000 10% 8
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Determine the present value of the following single amounts.
Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV
of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)
Future Amount
¡ =
n =
Present Value
1.
$
23,000
4%
15
2.
$
17,000
8%
12
3.
$
28,000
12%
24
4.
$
43,000
10%
8](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4d38df66-93cb-4fb3-af33-5bacf46fcff1%2F026414d8-8a64-473b-8fcc-20a6935f0d00%2F0yt1gne_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Determine the present value of the following single amounts.
Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV
of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)
Future Amount
¡ =
n =
Present Value
1.
$
23,000
4%
15
2.
$
17,000
8%
12
3.
$
28,000
12%
24
4.
$
43,000
10%
8
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