Question
Using the table provided, what amount should be deposited today in an account earning 8% interest if you want to have $10,000, 3 years from
Using the table provided, what amount should be deposited today in an account earning 8% interest if you want to have $10,000, 3 years from now, assuming first it is compounded annually and next semi-annually?
PV single sum 3 periods 8% ------------ .79383
PV single sum 6 periods 4% ------------ .79031
FV single sum 3 periods 8% ------------ 1.25971
FV single sum 6 periods 4% ------------ 1.26532
PV annuity 3 periods 8% ------------ 2.57710
PV annuity 6 periods 4% ------------ 5.24214
PV annuity Due 3 periods 8% ------------ 2.78326
PV annuity Due 6 periods 4% ------------ 5.45182
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