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Ch. 5 Homework i 4 1 points Saved Help Save & Exit Submit Check my work For each of the following situations involving single
Ch. 5 Homework i 4 1 points Saved Help Save & Exit Submit Check my work For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/= interest rate, and n = number of years) (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Present Value Future Value i 03:03:34 1. $ 39,999 $ 40,000 10% 5 2. $ 36,289 $ 65,000 10 3. $ 15,884 $ 40,000 8% 4. $ 46,651 $ 100,000 8 eBook 5. $ 15,376 7% 20 Hint Ask Print References Mc Graw < Prev 4 of 10 Next >
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