Question
For each of the following combinations of present value, time, and interest rates, determine the associated future value. Present Value # of years Interest Rate
For each of the following combinations of present value, time, and interest rates, determine the associated future value.
Present Value | # of years | Interest Rate | Future Value |
$2,500 | 4 | 6% |
|
$3,750 | 7 | 3% |
|
$4,575 | 11 | 9% |
|
$5,125 | 18 | 12% |
|
For each of the following combinations of future value, time, and interest rates, determine the associated present value.
Present Value | # of years | Interest Rate | Future Value |
| 5 | 4% | $12,500 |
| 3 | 7% | $9,800 |
| 9 | 10% | $18,750 |
| 8 | 2% | $6,250 |
For each of the following combinations of present value, time, and future values, determine the associated interest rate.
Present Value | # of years | Interest Rate | Future Value |
$10,000.00 | 10 |
| $20,000 |
$8,000.00 | 8 |
| $12,000 |
$50,000.00 | 6 |
| $80,000 |
$1,000.00 | 4 |
| $3,000 |
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