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

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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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

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