For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/- interest rate, and n-number of years) 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. EVAD of $1 and PVAD of $1) 1. 2 3 4 5 Present Value Future Value 36,018 S 72,000 43,718 S 86,000 13,720 S 48,000 51,746 $ 180,000 22,649 $ S S S S 8% 11% 9% n 10 11 15

For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/- interest rate, and n-number of years) 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. EVAD of $1 and PVAD of $1) 1. 2 3 4 5 Present Value Future Value 36,018 S 72,000 43,718 S 86,000 13,720 S 48,000 51,746 $ 180,000 22,649 $ S S S S 8% 11% 9% n 10 11 15

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter5: The Time Value Of Money

Section: Chapter Questions

Problem 29P

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