Question
A. Calculating Future Value ( Round to the nearest whole dollar) Present Value Years Interest Rate Future Value $3,150 8 18% $8,453 19 8% $92,305
A. Calculating Future Value (Round to the nearest whole dollar)
Present Value Years Interest Rate Future Value
$3,150 8 18%
$8,453 19 8%
$92,305 13 11%
$227,382 25 6%
B. Calculating Present Value (Round to the nearest whole dollar)
Present Value Years Interest Rate Future Value
8 5% $16,328
4 9% $51,517
12 11% $780,382
20 10% $652,816
C. Calculating Interest Rates (go out two decimal places 00.00%)
Present Value Years Interest Rate Future Value
$815 6 $2,381
$905 11 $1,718
$15,000 21 $141,832
$70,300 22 $312,815
D.Calculating Number of Periods (round to the nearest whole year)
Present Value Years Interest Rate Future Value
$350 10% $1,105
$2,941 8% $3,700
$42,805 13% $387,120
$52,500 20% $198,212
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