For each of the following, compute the present value: (Do not round Intermedlate calculatlons and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value 11 5 % 18.628 10 42,817 15 13 803,382 20 12 880,816

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter4: Exchange Rate Determination
Section: Chapter Questions
Problem 1BIC
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For each of the following, compute the present value: (Do not round Intermedlate
calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present Value
Years
Interest Rate
Future Value
11
5 %
18.628
3
10
42,817
15
13
803,382
20
12
680,816
Transcribed Image Text:For each of the following, compute the present value: (Do not round Intermedlate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value 11 5 % 18.628 3 10 42,817 15 13 803,382 20 12 680,816
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