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6. For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. ( i = interest rate,
6. For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i = interest rate, and n = number of years) (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.)
Present Value Future Value i n 1. ? $76,000 11.0% 7 2. $26,933 $90,000 ? 14 3. $17,670 $49,000 12.0% ? 4. $39,710 $190,000 ? 15 5. $24,439 ? 11.0% 12
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