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For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (=interest rate, and n= number of
For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (=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 n 12.0% 12 Present Value Future Value S 42.000 S 30.628S 55.000 S 22.615 S 40.500 41.047 S 105.000 20,511 6.096 5.096 1111111111iiii 1 1:1111'. !! T ! ! ! . . ! ! ! TEST 1. 1.98 11. i. Bit 2:5!! ! ! ! 11.! !iil 11111! !! ! $
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