5-6

Problem 5-3 Calculating Present Values (LO2] For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Present Value $ 5,498.79% 30,412.67 X 13,488.13 37,683.53 Years 14 5 Interest Rate 8 % 14 % Future Value $ 14,851 45,557 880,073 544,164 30 15 % % 35 8