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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.) Present Value Future Value $ 1 40,000 10% $ 2. 36,289 $ 65,000 10 $ $ 8% 3. 15,884 40,000 $ $ 4. 46,651 100,000 $ 15,376 20 5. 7%
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