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E5-5 Solving for unknowns, single amounts .LOS 4 n For each of the following situations involving single amounts, solve for the unknown (?). Assume that

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E5-5 Solving for unknowns, single amounts .LOS 4 n For each of the following situations involving single amounts, solve for the unknown (?). Assume that interest is compounded annually. (i = interest rate, and number of years) Present Value Future Value 1 1. ? $ 40,000 10% 5 2. $36.289 65,000 3. 15.884 40,000 8 46,651 100,000 7 15,376 ? 10 7 8 20 5. ? 7

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