Find the present value PV of the given future value. (Round your answer to the nearest cent.) Future value $8,100 at 9 1/2 % simple interest for six years. PV = $ Find the present value PV of the given future value. (Round your answer to the nearest cent.) Future value $1,119 at 3 5/8 % simple interest for 518 days. PV= $ PV = $ % simple interest for 518 days

Find the present value PV of the given future value. (Round your answer to the nearest cent.) Future value $8,100 at 9 1/2 % simple interest for six years. PV = $ Find the present value PV of the given future value. (Round your answer to the nearest cent.) Future value $1,119 at 3 5/8 % simple interest for 518 days. PV= $ PV = $ % simple interest for 518 days

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 9EB: If you invest $15,000 today, how much will you have in (for further instructions on future value in...

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