For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value 12 6% $ 14,451 3 12 % 41,557 28 13 % 876,073 30 10 % 540,164

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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For each of the following, compute the present value: (Do not round intermediate
calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present Value
Years
Interest Rate
Future Value
12
6%
$
14,451
3
12 %
41,557
28
13 %
876,073
30
10 %
540,164
Transcribed Image Text:For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value 12 6% $ 14,451 3 12 % 41,557 28 13 % 876,073 30 10 % 540,164
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