Number of Annual Payments or Years Interest Rate Present Value Annuity Future Value 6. 10% $183.67 19 15% $1,423.38 $626.79 25 2% 0. 300 0.7% $482.05 Drint Dono

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
Problem 11E
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Question
What is the future value?
Interest Rate
Present Value
Annuity
Future Value
ears
10%
$183.67
2$
(Round to the nearest cent.)
19
15%
0.
$1,423.38
(Round to the nearest cent.)
25
20%
C626 70
YPound to tho poaroct.cont )
Data Table
(Click on the following icon in order to copy its contents into a spreadsheet.)
Number of
Annual
Payments or
Years
Present Value
Annuity
Future Value
Interest Rate
6.
10%
$183.67
19
15%
$1,423.38
25
2%
0.
$626.79
300
0.7%
0.
$482.05
Print
Done
r your answer in each of the answer boxes.
%24
Transcribed Image Text:Interest Rate Present Value Annuity Future Value ears 10% $183.67 2$ (Round to the nearest cent.) 19 15% 0. $1,423.38 (Round to the nearest cent.) 25 20% C626 70 YPound to tho poaroct.cont ) Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Number of Annual Payments or Years Present Value Annuity Future Value Interest Rate 6. 10% $183.67 19 15% $1,423.38 25 2% 0. $626.79 300 0.7% 0. $482.05 Print Done r your answer in each of the answer boxes. %24
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