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For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) :
For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): |
Present Value | Years | Interest Rate | Future value | ||||||
$ | 12 | 6 | % | $ | 15,951 | ||||
3 | 12 | 56,557 | |||||||
28 | 13 | 891,073 | |||||||
30 | 10 | 555,164 | |||||||
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