Compute the future value. Present value: $181,796 Years: 8 Interest rate: 6%
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- What is the present value, using the present value formula. Achieve $225,500 at 8.65% compounded continuously for 8 years, 155 days.Find 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 daysFind the future value of the given present value. Use 360 days per year for your calculation.The present value of $3684 at 11% for 240 days.
- Find the present value of the given future amount. $70,093 for 324 days at 6.4% simple interest. Assume 360 days in a year. What is the present value? (Round to the nearest dollar as needed.)Use present value tables to compute the present value of $450,000 to be paid in 10 years, with an interest rate of 10 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided. Round "Present Value" to nearest whole dollar amount.) Table Function: Future Value: Present Value: i= %Complete the following using compound future value. (Use the Table provided.) (Round your answers to the nearest cent.) Time Principal Rate Compounded Amount Interest 10 years $17,100 4% Annually $ $
- Find the present value of the following future amount. $500,000 at 9% compounded annually for 25 years What is the present value? $ (Round to the appropriate cent.)Find the present value of the given future amount. $74,000 for 23 months at 7% simple interest What is the present value? $ (Round to the nearest dollar as needed.)Given the following information, calculate the rate of return. price = $501.88time to maturity = 10 yearsannual payment = $100type = ordinary annuity