Question
How much would you have to invest today to receive: UseAppendix BorAppendix Dfor an approximate answer, but calculate your final answer using the formula and
How much would you have to invest today to receive: UseAppendix BorAppendix Dfor an approximate answer, but calculate your final answer using the formula and financial calculator methods. |
a. | $15,000 in 10 years at 14 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Present value | $ |
b. | $19,500 in 20 years at 15 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Present value | $ |
c. | $7,900 each year for 19 years at 12 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Present value | $ |
d. | $54,000 each year for 50 years at 10 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Present value | $ |
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