Question
For each of the following, compute the present value ( Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round
| For each of the following, compute the present value (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)): |
| Present Value | Years | Interest Rate | Future Value | |||||||||||
| $ | 10 | 6 | % | $ | 18,328 | |||||||||
| $ | 2 | 11 | 42,517 | |||||||||||
| $ | 14 | 14 | 800,382 | |||||||||||
| $ | 19 | 13 | 657,816 | |||||||||||
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Financial Economics
Authors: Zvi Bodie, Robert C Merton, David Cleeton
2nd Edition
0558785751, 9780558785758
