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You skipped this question in the previous attempt. 2 For each of the following compute the present value (Do not round Intermediate calculations and round
You skipped this question in the previous attempt. 2 For each of the following compute the present value (Do not round Intermediate calculations and round your answers to 2 decimal places, e... 32.16.): Present Value Years Interest Rate 7% 13 10 points 4 13 14 Future Value $ 16.051 57,557 892,073 556,164 29 40 02:36:48 9 Skipped Print References 3 Solve for the unknown interest rate in each of the following (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g.. 32.16.): Present Value $ 180 300 Years 5 Interest Rate % 10 points 19 20 Future Value $ 228 859 152,407 644,965 33,000 02:36:34 32,261 30 Print References 4 Solve for the unknown number of years in each of the following (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.): Years Present Value $ 620 Interest Rate 9 % 10 points 870 10 Future Value $ 1,619 2,071 328,714 480,952 17 19,000 22,100 8 02:36:23 15 Print References 11 In 1895, the first Putting Green Championship was held. The winner's prize money was $180. In 2016, the winner's check was $1,500,000. a. What was the percentage increase per year in the winner's check over this period? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) b. If the winner's prize increases at the same rate, what will it be in 2045? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16.) 10 points 8 02:36:04 % a. Increase per year b. Winners prize in 2045 Print C References
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