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 Value
| 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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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
