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 61,557 896,073 560,164Explanation / 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