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1. For each of the following, compute the present value (2 decimal places); Present Value (S) Years Interest Rate(%) Future Value (S) 7 4.40 10,000

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1. For each of the following, compute the present value (2 decimal places); Present Value (S) Years Interest Rate(%) Future Value (S) 7 4.40 10,000 15 3.64 20.000 2. For each of the following, compute the future value (2 decimal places): Present Value (S) Years Interest Rate(%) Future Value (S) 5,500 4 5.61 9,500 11 4.70 3. Solve for the unknown number of years in each of the following (2 decimal places): Present Value (S) 8,000 Years Interest Rate(%) 4.40 Future Value (S) 15,000 8,000 6.84 15,000 4. Solve for the unknown interest rate in each of the following (2 decimal places): Present Value (S) Interest Rate(%) Future Value (S) Years 5,000 10 25,000 25.000 5,000 20

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