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11. Problem 410 (Present and Future Values of Single Cash Flows for Different Interest Rates) LJ Present and Future Values of Single Cash Flows for

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11. Problem 410 (Present and Future Values of Single Cash Flows for Different Interest Rates) LJ Present and Future Values of Single Cash Flows for Different Interest Rates Use both the TVM equations and a financial calculator to nd the following values. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by sirnoll.r entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent. a. An initial 5800 compounded for 10 years at ?/u. S b. An initial SSUD compounded for 10 years at 14%. S c. The present value of 5800 due in 10 years at a 7% discount rate. 5 d. The present value of 5800 due in 10 years at a 14% discount rate. 5

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