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Calculate the following time value of money: If I am to receive $10k in 5 years, given a 5% rate of return, what would be
- Calculate the following time value of money:
- If I am to receive $10k in 5 years, given a 5% rate of return, what would be the present value of this amount?
- If I put $7k into the bank @ 3% interest for 10 years, what is the future value of this amount?
- If I deposit $1k a year into an account for 10 years @ 2%, what is the future value of that account?
- What is the FUTURE value of $1k a year deposited for 10 years @ 4% interest?
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