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1. What is the present value of each of the following single amounts: a. $11,000 to be received in 5 years at 7% compounded annually?
1. What is the present value of each of the following single amounts: a. $11,000 to be received in 5 years at 7% compounded annually? b. $11,000 to be received in 5 years at 5% compounded annually? c. $11,000 to be received in 10 years at 7% compounded annually? d. $11,000 to be received in 10 years at 5% compounded annually? 2. What is the future value of a single amount of a. $6,000 invested for 5 years at 4% compounded annually? b. $6,000 invested for 5 years at 6% compounded annually? c. $6,000 invested for 10 years at 4% compounded annually? d. $6,000 invested for 10 years at 6% compounded annually? 3. What is the future value of an amount of: a. $1,000 invested each year for 25 years at 4% compounded annually? b. $1,000 invested each year for 25 years at 6% compounded annually
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