If you invest $12,000.00 today, how much will you have in the future under each of the following independent scenarios: 10 years at 9% 8 years at 12% 14 years at 15% 24 years at 10% Present Value (PV) Rate Time (Years) Future Value (FV) A $12,000.00 9% 10 ? B $12,000.00 12% 8 ? C $12,000.00 15% 14 ? D $12,000.00 10% 24 ? PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67). Use the future value of $1 table in the Appendix B PV FV Tables Appendix B PV FV Tablesand verify that your answers above are correct: PV Rate Time (Years) FV Factor (from Table) Future Value (FV) A $12,000.00 9% 10 ? ? B $12,000.00 12% 8 ? ? C $12,000.00 15% 14 ? ? D $12,000.00 10% 24 ? ? PLEASE NOTE: All FV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).
If you invest $12,000.00 today, how much will you have in the future under each of the following independent scenarios: 10 years at 9% 8 years at 12% 14 years at 15% 24 years at 10% Present Value (PV) Rate Time (Years) Future Value (FV) A $12,000.00 9% 10 ? B $12,000.00 12% 8 ? C $12,000.00 15% 14 ? D $12,000.00 10% 24 ? PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67). Use the future value of $1 table in the Appendix B PV FV Tables Appendix B PV FV Tablesand verify that your answers above are correct: PV Rate Time (Years) FV Factor (from Table) Future Value (FV) A $12,000.00 9% 10 ? ? B $12,000.00 12% 8 ? ? C $12,000.00 15% 14 ? ? D $12,000.00 10% 24 ? ? PLEASE NOTE: All FV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).
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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4. If you invest $12,000.00 today, how much will you have in the future under each of the following independent scenarios:
- 10 years at 9%
- 8 years at 12%
- 14 years at 15%
- 24 years at 10%
| Rate | Time (Years) | |||
| A | $12,000.00 | 9% | 10 | ? |
| B | $12,000.00 | 12% | 8 | ? |
| C | $12,000.00 | 15% | 14 | ? |
| D | $12,000.00 | 10% | 24 | ? |
PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).
Use the future value of $1 table in the Appendix B PV FV Tables Appendix B PV FV Tablesand verify that your answers above are correct:
| PV | Rate | Time (Years) | FV Factor (from Table) | Future Value (FV) | |
| A | $12,000.00 | 9% | 10 | ? | ? |
| B | $12,000.00 | 12% | 8 | ? | ? |
| C | $12,000.00 | 15% | 14 | ? | ? |
| D | $12,000.00 | 10% | 24 | ? | ? |
PLEASE NOTE: All FV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).
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