The present value of $1552.90 due 10 years at 12% and at 6%? Calculate present value or FV FV= 1,552.90 Present Value= 499.9 (12%)Present Value=
The present value of $1552.90 due 10 years at 12% and at 6%? Calculate present value or FV
FV= 1,552.90 Present Value= 499.9 (12%)Present Value= 499.9 <---- correct my calculations if they are wrong Thank you!!!!
N= 10 Present Value= 867.13 (6%)Present Value= 867.13 (6%)
1/Y= 12 and 6 separately
DEfine present value and illustrate it using a time line with data from the exercise above. How are present values affected by interest rates?
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Authors: Robert F. Bruner, Kenneth Eades, Michael Schill
7th edition
007786171X, 77861711, 978-0077861711
