Compute the future value with the following parameters: • Present value: $125,450 Years: 6 Interest rate: 5%
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- Determine the present value P that must be invested to have the future value A at simple interest rate rather time A = $4000.00, r= 11.0%, t = 6 monthsCalculate the future value if present value (PV) = $1,020, interest rate (r) = 11.9% and number of years (t) = 15Find the future value FV of the given present value. (Round your answer to the nearest cent.) Present value of $12,410 at 5 7 8 % for 670 days
- Compute the present value if future value (FV) = $4892, interest rate (r) = 14.0%, and number of years (t) = 16.Complete the following using present value. Amount desired $8,900, Time 4 years, Rate 6%, Compounded monthly. What is the period used? What is the rate? What PV factor is used? What is the PV of amount desired at end of period?Given the following information, calculate the rate of return. price = $501.88time to maturity = 10 yearsannual payment = $100type = ordinary annuity
- Using a scientific calculator: Find the present value of the given future value: FV is &1,311 at 6 1/2 % simple interest from February 10 to October 15.Determine the present value P that must be invested to have the future value A at simple interest rate r after time t. A = $5500, r = 7%, t = 4 years (Round up to the nearest cent.)Compute the number of years (t) if future value (FV) = $5575, present value (FV) = $1812, and interest rate (r) = 9.1%,