Wednesday, March 24, 2021

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

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

Present value

Year

Interest rate

Future value

 

12

6

%

$15951

 

3

12

 

56557

 

28

13

 

891,073

 

30

10

 

555,164



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




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