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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 of
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.) n i 11.0% 1. 10 2 2. 14 Present Value Future Value $ 50,000 $ 24,433 $ 63,000 $ 10,174 $ 42,500 $ 40,772 $ 125,000 $ 16,836 3. 10.0% AEA 4. 13 5. CA 5.0% 11 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.) n i 11.0% 1. 10 2 2. 14 Present Value Future Value $ 50,000 $ 24,433 $ 63,000 $ 10,174 $ 42,500 $ 40,772 $ 125,000 $ 16,836 3. 10.0% AEA 4. 13 5. CA 5.0% 11
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