Intermediate Accounting 1

Needing help with Exercise E6-3

Thnxs!

ming the investment earns interest compounded semiannually. each of the following questions. (Each case is independent Values and Present Values) Using the appropriate interest table, answer (a) What is the future value of $7,000 at the endent of the other.) (b) What is the present value of $7,000 due end of 5 periods at 8% compounded interest? (c) What is the future value of $7,000 due 8 periods hence, discounted at 6% ? (d) What is the present value of 15 periodic payments of $7,000 each made at the end of each period and compounded at 10% ? E6.4 (L03,4) (Computation of Futired at the end of each of 20 periods, discounted at 5% compound interest? questions. (Each case is indepond outure Values and Present Values)