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5. Future and Present Value Interest Factors: If r=8%, t=5 and m= 4, find the time value factors given below: a) FVIF Pwan-|(-2)) a) FVIF

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5. Future and Present Value Interest Factors: If r=8%, t=5 and m= 4, find the time value factors given below: a) FVIF Pwan-|(-2)) a) FVIF m.im b) PVIFUm.1m c) FVIFA /m.1*m ! d) PVIFA Wm.com PVIFA BA II+ Calculator Sequence:P.08.J4[[+]1 ( [y[ 5 [x] 4D] [1/x] [+/-][+]17. 0.08 (.) 4D ). (Answer = 16.35143334.) ------- --- --- -- FINANCE 381: BUSINESS FINANCE Mathematical and Calculator Skills Test Guidelines to Follow: 1) Show your Work! 2) Try EVERY Example. 3) Do NOT Round your intermediate calculations. Show Final Answer to EIGHT decimal places. 4) Use a pencil! 1. Use of Calculators and Order of Operations a) 2 = ? b) 30 *(1 +0.1272-(-4127) og la.] [1.00] => d) 120.92 2. Solving Equations: Find the value of r. a) (1 + r)' = 1.560896 b) 60 - 60). 3. Substitution into formulae: a) If PV = 110, r=0.09, and t = 4, find FV when FV = PV *(1 + r). (en ' ,find FV when A= 110,r=11% and b) FV = A t = 3 4. Re-arrangement of formulae: a) If FV - 120, r=0.08, t - 3, find PV, when FV - PV (1 + r). liten b) If FV = A'l ' 0.10 and t-3. , find A when FV = $10,000,r= c) Solve for r directly when FV, PV, *(1 + r)

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