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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.) Present Value Future Value 48,000| 10.0% 2. 2. $28,59961,000 13 12,569|$ 42,000| 9.0% $ 47,653 120,000 12 5. 14,178 6.0% 12
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