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Problem 1: P5-4, Page 235 Future values Table A-1 (30 points) Similar to P5-2, P5-9 Table formula FV = PV x (1 + r)
Problem 1: P5-4, Page 235 Future values Table A-1 (30 points) Similar to P5-2, P5-9 Table formula FV = PV x (1 + r)" Case A N = 20,1 = 5%, PV = $200. Solve for FV = FV = 200 X (table A-1 variable at 20 yrs, 5%) Case BN = 7, 1/Y = 8%; PV = $4500. Solve for FV = CN=10; 19%; PV = $10,000. Solve for FV = D N = 12; 1= 10%, PV = $25,000 Solve for FV = E N=5, 11, PV = $37,000 Solve for FV = F N = 9,1 = 12, PV = $40,000 Solve for FV =
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