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 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= %Calculate the capital recovery factor (in percent) given that the nominal rate for a 12year-semi-quarterly compounded rate is 10.97% in an ordinary annuity. Need it asap plsComplete 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 $ $
- (a) find and (b) interpret the present value that will generate the given future value $3758 at 11 7/8% compounded monthly for 17 years and 7 months.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.)Given the following information, calculate the rate of return. price = $501.88time to maturity = 10 yearsannual payment = $100type = ordinary annuity