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JEU medium For each of the following situations (A-), compute the missing item: PRESENT VALUE YEARS INTEREST RATE FREQUENCY FUTURE VALUE ? 13 8.0% 1
JEU medium For each of the following situations (A-), compute the missing item: PRESENT VALUE YEARS INTEREST RATE FREQUENCY FUTURE VALUE ? 13 8.0% 1 $30000 B $190000 19 11.0% 4 $12600 6 ? 4 $23193.55 D $4800 ? 6.5% 12 $7082.05 E $4200 8 14.0% ? $12628.17 Note: Compounding frequency is 1 for annual; 4 for quarterly and 12 for monthly A) Present Value: $ 11031 (Round to the nearest dollar.) Your last answer was interpreted as follows: 11031 B) Future Value: $ 1493388 (Round to the nearest dollar.) Your last answer was interpreted as follows: 1493388 C) Interest rate per year: 2.58 % (2 decimals) Your last answer was interpreted as follows: 2.58 D) Time: 6.18 (in years, 2 decimals) Your last answer was interpreted as follows: 6.18 (times per year) E) Compounding frequency
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