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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 | ||||||
$ | 14 | 8 | % | $ | 14,551 | ||||
5 | 14 | 42,557 | |||||||
30 | 15 | 877,073 | |||||||
35 | 8 | 541,164 | |||||||
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