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a. FUTURE VALUE i. What will be the future value, FV of $135,000 in five years at interest rate of 4%? ii. Formula: Plug in

a. FUTURE VALUE

i. What will be the future value, FV of $135,000 in five years at interest rate of 4%?

ii. Formula: Plug in the values in forrmula.

iii. Calculator: Write the keys you enter

iv. Excel: Write the formula and arguments in Excel format.

b. PRESENT VALUE

What will be the present value, PV of $35,000 to be received 10 years from today if the discount rate is 6%?

ii. Formula:

iii. Calculator: Write the keys you enter

iv. Excel: Write the formula and arguments in Excel format

Formula:

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