Question
How much would you have to invest today to receive: ( Use a Financial calculator to arrive at the answers. Round the final answers to
How much would you have to invest today to receive: (Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.)
a. $14,600 in 7 years at 13 percent?
Present value $
b. $18,800 in 18 years at 10 percent?
Present value $
c. $7,600 each year for 16 years at 14 percent?
Present value $
d. $8,000 each year, at the beginning, for 35 years at 8 percent?
Present value $
e. $61,000 each year for 20 years at 6 percent?
Present value $
f. $61,000 each year for 20 years, at the beginning, at 6 percent?
Present value $
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