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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
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) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) Present Value Future Value 1 $ 80,000 7% 9 2 $ 31,841 $ 94,000 16 3. $ 15,762 $ 50,000 8% 4. $ 84.482 $ 200,000 10 5 $ 13.291 9% 15
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