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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 | ||||||
$ | 13 | 7 | % | $ | 14,651 | ||||
4 | 13 | 43,557 | |||||||
29 | 14 | 878,073 | |||||||
40 | 9 | 542,164 | |||||||
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