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The following question ( s ) apply to the appropriate use of present value tables. Given below are the present value factors for $ 1
The following questions apply to the appropriate use of present value tables. Given below are the present value factors for $ discounted at for one to five periods. Each of the items is based on interest compounded annually. Use this information only DO NOT USE EQUATIONS OR OTHER TABLES TO ANSWER ANY OF THE FOLLOWING THREE QUESTIONS.
Do not use commas nor dollar signs $
If an individual puts $ in a savings account today, what amount of cash would be available two years from today? The amount in two years will be approximately round to the nearest $ $
In the box below show how you reached this answer
What is the present value today of $ to be received six years from today? The present value is round to the nearest $ $ In the box below show how you reached this answer
What amount should be deposited in a bank today to grow to $ three years from today? The amount is round to the nearest $ $ In the box below show how you reached this answer
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