Question
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
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 | % |
| $ | 16,051 |
|
|
| 4 |
| 13 |
|
|
| 57,557 |
|
|
| 29 |
| 14 |
|
|
| 892,073 |
|
|
| 40 |
| 9 |
|
|
| 556,164 |
|
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
