For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/= interest rate, and n-number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) 1. 2 3. 4. 5. Present Value Future Value I $ 36,606 $ 62,000 5% $ 28,644 $ 76,000 $ 11,758 S 45,500 68,822 S 155,000 13,796 $ $ 7% 8% 4 20 12 10
For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/= interest rate, and n-number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) 1. 2 3. 4. 5. Present Value Future Value I $ 36,606 $ 62,000 5% $ 28,644 $ 76,000 $ 11,758 S 45,500 68,822 S 155,000 13,796 $ $ 7% 8% 4 20 12 10
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
Problem 1PS
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![For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/=
interest rate, and n=number of years)
Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1. PV of $1. EVA
of $1. PVA of $1. FVAD of $1 and PVAD of $1)
1.
2
3.
4.
5.
Present Value Future Value 1
$ 36,600 $
62,000
$ 28,644 $
76,000
$ 11,758 $
45,500
68.822 $ 155,000
13,796
$
$
5%
7%
8%
n
20
12
10](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F83432530-8fd4-4619-9342-34929431aa90%2F38f6f6bc-7e3c-48ca-bf0b-0b8a8ac4f8de%2Fn3zas8p_processed.png&w=3840&q=75)
Transcribed Image Text:For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/=
interest rate, and n=number of years)
Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1. PV of $1. EVA
of $1. PVA of $1. FVAD of $1 and PVAD of $1)
1.
2
3.
4.
5.
Present Value Future Value 1
$ 36,600 $
62,000
$ 28,644 $
76,000
$ 11,758 $
45,500
68.822 $ 155,000
13,796
$
$
5%
7%
8%
n
20
12
10
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