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For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i interest rate, and n- number
For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i 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.) x Answer is complete but not entirely correct. Present Future i Value Value 66,000 20,940 $ 11.0% 11 $ $ 80,000 2. 44,421 4.0% 15 11,637 46,500 3. $ 8.0% 18 $ $ 9.0% 4. 41,559 165,000 16 5. 24,321 48,757 6.0% 12 EAEA | EA EA LO
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