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Check my work For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. ( interest
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. EVA 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 123 1. Future Value $ 40,000 10% 5 2. $ 36,289 $ 65,000 10 3. $ 15,884 $ 40,000 8% 4. $ 46,651 $ 100,000 8 5. $ 15,376 7% 20
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