Find the present value PV of the given future value. (Round your answer to the nearest cent.) Future value $8,100 at 9 1/2 % simple interest for six years. PV = $ Find the present value PV of the given future value. (Round your answer to the nearest cent.) Future value $1,119 at 3 5/8 % simple interest for 518 days. PV= $ PV = $ % simple interest for 518 days

Find the present value PV of the given future value. (Round your answer to the nearest cent.) Future value $8,100 at 9 1/2 % simple interest for six years. PV = $ Find the present value PV of the given future value. (Round your answer to the nearest cent.) Future value $1,119 at 3 5/8 % simple interest for 518 days. PV= $ PV = $ % simple interest for 518 days

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter5: The Time Value Of Money

Section: Chapter Questions

Problem 2QTD

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