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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 i n 12.0% $ Future Value $ 42,000 $ 55,000 $ 40,500 $ 105,000 12 30,626 22,615 41,047 20,511 6.0% $ $ 5. 5.0%
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