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Calculate from the date in the following tables: a) Future value: Present Value Years Interest rate Future Value $3,150 5 18% ? $8,453 10 6%
Calculate from the date in the following tables:
a) Future value:
Present Value | Years | Interest rate | Future Value |
$3,150 | 5 | 18% | ? |
$8,453 | 10 | 6% | ? |
$89,305 | 17 | 11% | ? |
$227,382 | 20 | 5% | ? |
b) Present value:
Present Value | Years | Interest rate | Future Value |
? | 12 | 4% | $15,451 |
? | 4 | 9% | $51,557 |
? | 16 | 17% | $886,073 |
? | 21 | 20% | $901,450 |
c) Interest rate:
Present Value | Years | Interest rate | Future Value |
$221 | 6 | ?% | $307 |
$425 | 7 | ?% | $905 |
$25,000 | 18 | ?% | $143,625 |
$40,200 | 21 | ?% | $255,810 |
d) Number of periods:
Present Value | Years | Interest rate | Future Value |
$250 | ? | 8% | $1,105 |
$1,941 | ? | 5% | $3,700 |
$32,805 | ? | 14% | $387,120 |
$32,500 | ? | 24% | $192,212 |
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