Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Please answer correctly For each of the following, compute the present value (Do

ID: 2799166 • Letter: P

Question

Please answer correctly

For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):

  

For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):

Question 2 (of 13) 2. value: 10.00 points For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): Present Value Years Interest Rate Future value 14 5 35 8% 14 15 $ 16,451 61,557 896,073 560,164

Explanation / Answer

Years Interest rate Future value Present value 14 8% $            16,451 $                   5,600.92 PV(8%,12,0,-16451) 5 14% $            61,557 $                 31,970.78 30 15% $          896,073 $                 13,533.44 35 8% $          560,164 $                 37,886.44