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q 4 (26 yrs) LO 2 3. Calculating Present Values For each of the following, compute the present value: Present Value Interest Rate 7% Years

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LO 2 3. Calculating Present Values For each of the following, compute the present value: Present Value Interest Rate 7% Years 15 8 13 25 11 10 13 Future Value $ 19,415 47,382 312,176 629,381 LO 3 4. Calculating Interest Rates Solve for the unknown interest rate in each of the following: Present Value Years Interest Rate Future Value $ 715 905 15,000 70,300 9 12 26 15 $ 1,381 1.718 141,832 312,815

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