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EY CH 4 HMWK Problems 4-1 0 1 2 3 4 5 | | | | | | PV = 10,000 FV5 = ? FV5
EY CH 4 HMWK Problems 4-1 0 1 2 3 4 5 | | | | | | PV = 10,000 FV5 = ? FV5 = $10,000(1.10)5 = $10,000(1.61051) = $16,105.10. Alternatively, with a financial calculator enter the following: N = 5, I/YR = 10, PV = -10000, and PMT = 0. Solve for FV = $16,105.10. 4-3 0 18 | | PV = 250,000 FV18 = 1,000,000 With a financial calculator enter the following: N = 18, PV = -250000, PMT = 0, and FV = 1000000. Solve for I/YR = 8.01% 8%. 4-5 0 1 2 N 2 N 1 N | | | | | | PV = 42,180.53 5,000 5,000 5,000 5,000 FV = 250,000 Using your financial calculator, enter the following data: I/YR = 12; PV = 42180.53
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