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For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i E interest rate, and n
For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i E interest rate, and n number of years (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (use appropriate factor(s) from the tables provided.) (Round your final answers to nearest whole dollar amount.) i Present Value Future Value 1. 50,000 11.0% 10 2. 24,433 63,000 14 3. 10,174 42,500 10.0% 4, 40,772 125.000 13 5. 16,836 55.0% 111
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