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4. Various Time Value Situations 1.What is the future value of $8,000 be worth at the end of 5 years if it earns 10% interest
4. Various Time Value Situations | ||||||||||
1.What is the future value of $8,000 be worth at the end of 5 years if it earns 10% interest compounded annually? | ||||||||||
13,162.47 | ||||||||||
2. What is the future value of 12 periodic payments of $7,500 each made at the end of each period and compouned at 5%? | ||||||||||
13,648.87 | ||||||||||
3. What is the present value of $5000 to be received at the end of each of 16 periods, discounted at 9% compound interest? | ||||||||||
1,189.43 | ||||||||||
4. What is the present value of $8,000 to be received 5 years from today if interest is 10% compounded semiannually? |
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