For each of the following, compute the present value. (Do not round intermedia calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years 12 3 28 30 Interest Rate 6 % 12 13 10 Future value 15,651 53,557 $ 888,073 552,164

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
Section: Chapter Questions
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Raghubhai 

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
3
28
30
Interest Rate
12
13
10
Future value
15,651
53,557
888,073
552,164
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 3 28 30 Interest Rate 12 13 10 Future value 15,651 53,557 888,073 552,164
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