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M Q U Practice Problems (Please fill in the highlighted cells in light blue.) a Construct the following future value table: Present value: Interest rate:
M Q U Practice Problems (Please fill in the highlighted cells in light blue.) a Construct the following future value table: Present value: Interest rate: Number of periods: 1 5% 7 Future value: 12 Interest Rate 9% 1% 3% 4% 5% 6% 7% 8% 10% 12% 14% 15% 16% 18% 20% 24% 28% 32% 36% 14 15 3 4 8 Period Period 20 21 22 23 24 25 26 27 28 29 31 32 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 30 40 50 34 35 37 38 39 40 41 42 Construct the following present value table: Future value: Interest rate: Number of periods: $ 1 5% 7 Present value: 44 b. 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 1% 2% 3% 4% 5% 6% 8% 9% 12% 14% 15% 16% 18% 20% 24% 28% 32% 36% 3 4 5 64 65 66 67 68 69 70 71 72 73 74 75 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 30 40 50 77 78 79 80 81 82
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