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) (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Present Value Future Value 1. 54,000 8.0% 8 2. %24 17,127 $ 68,000 16 3. 10,117 43,500 20.0% 4. %24 42,558 $ 135.000 15 5. 10,378 7.0%

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 12MC: (1) What is the value at the end of Year 3 of the following cash flow stream if the quoted interest...
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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) (FV of $1, PV of $1, FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use
appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.)
Present Value
Future Value
1.
54,000
8.0%
2.
17,127 S
88.000
16
3.
10,117
43,500
20.0%
14.
42,558 S
135,000
15
5.
10,378
7.0%
6.
Transcribed Image Text: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) (FV of $1, PV of $1, FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Present Value Future Value 1. 54,000 8.0% 2. 17,127 S 88.000 16 3. 10,117 43,500 20.0% 14. 42,558 S 135,000 15 5. 10,378 7.0% 6.
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