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For each of the following situations involving single amounts, solve for the unknown. Assume that interest i:s compounded annually. (iinterest rate, and n-number of years)
For each of the following situations involving single amounts, solve for the unknown. Assume that interest i:s compounded annually. (iinterest 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.) Present Value Future Value $ 42,000| 12% 6 2. $ 30,626$55,000 3. | $ 22,615|$ 40,500| 4. $ 41,047$ 105,000 5.$20,511 12 6% 5%
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