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can someone help me with this question, i put both tables for the questions! thx so much table 6-4 table 6-5 Use the appropriate factors
can someone help me with this question, i put both tables for the questions! thx so much table 6-4 table 6-5 Use the appropriate factors from the tables, Table 6-4 (Present Value of \$1) or Table 6-5 (Present Value of an Annuity of $1 ), to answer the following questions. Required: a. What is the present value of $100,000 in ten years using a discount rate of 8% ? b. How much should be invested today at a return on investment of 16% compounded annually to have $60,000 in ten years? Note: For all requirements, round the PV factors to 4 decimal places. Table 6-4: Factors for Calculating the Present Value of $1 Table 6-5: Factors for Calculating the Present Value of an Annuity of $1
can someone help me with this question, i put both tables for the questions! thx so much
table 6-4
table 6-5
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