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calculating present value and future value 1) Calculate the present value of $100,000 to be received in 10 years assuming a 4% interest rate compounded
calculating present value and future value
1) Calculate the present value of $100,000 to be received in 10 years assuming a 4% interest rate compounded quarterly. 2)Calculate the present value of $25,000 to be received in 5 years assuming an annua interest rate of 12% compounded monthly. 3)Calculate the future value of $5,000 invested for 30 years assuming an annual interest rate of 12%. 4)Calculate the future value of $12,000 invested for 18 years assuming an annual interest rate of 12% compounded monthly. 5)Calculate the future value of $1,000 invested for 100 years assuming an annual interest rate of 8%, compounded quarterly. 6)Calculate the present value of an ordinary annuity of $2,000 received annually for 5 years assuming an interest rate of 10%. 7)Calculate the present value of an ordinary annuity of $4,000 received monthly for 10 years assuming an interest rate of 12% Step by Step Solution
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