N FV $1 11.03000 0.97087 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1.0000 0.97087 1.0300 1.00000 2 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 | 15.6178 10.63496 | 16.0863 10.95400 | 14 1.51259 0.66112 |17.0863 |11.29607 |17.5989 11.63496 |15 1.55797 0.64186 18.5989 11.93794| 19.1569 12.29607 2.0300 1.91347 2.0909 1.97087 3.0909 2.82861 3.1836 2.91347 4.1836 3.71710 4.3091 3.82861 5.3091 4.57971 5.4684 4.71710 6.4684 5.41719 6.6625 5.57971 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 10.1591 7.78611 10.4639 8.01969 11.4639 8.53020 11.8078 8.78611 12.8078 9.25262 | 13.1920 9.53020 14.1920 9.95400 14.6178 |10.25262 |16 1.60471 0.62317 20.1569 12,56110 | 20.7616 |12.93794 Bill wants to give Maria a $520,000 gift in 6 years. If money is worth 6% compounded semiannually, what is Maria's gift worth today?
N FV $1 11.03000 0.97087 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1.0000 0.97087 1.0300 1.00000 2 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 | 15.6178 10.63496 | 16.0863 10.95400 | 14 1.51259 0.66112 |17.0863 |11.29607 |17.5989 11.63496 |15 1.55797 0.64186 18.5989 11.93794| 19.1569 12.29607 2.0300 1.91347 2.0909 1.97087 3.0909 2.82861 3.1836 2.91347 4.1836 3.71710 4.3091 3.82861 5.3091 4.57971 5.4684 4.71710 6.4684 5.41719 6.6625 5.57971 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 10.1591 7.78611 10.4639 8.01969 11.4639 8.53020 11.8078 8.78611 12.8078 9.25262 | 13.1920 9.53020 14.1920 9.95400 14.6178 |10.25262 |16 1.60471 0.62317 20.1569 12,56110 | 20.7616 |12.93794 Bill wants to give Maria a $520,000 gift in 6 years. If money is worth 6% compounded semiannually, what is Maria's gift worth today?
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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Transcribed Image Text:chapter 5
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FV $1
PV $1
FVA $1
PVA $1
FVAD $1
PVAD $1
1.03000 0.97087
2 1.06098 0.94260
1
1.0000
0.97087
1.0300
1.00000
2.0300
1.91347
2.0909
1.97087
3 1.09273 0.91514
4 1.12551 0.88849
3.0909
2.82861
3.1836
2.91347
4.1836
3.71710
4.3091
3.82861
5 1.15927 0.86261
1.19405 0.83748
7 1.22987 0.81309
8 1.26677 0.78941
9 1.30477 0.76642
5.3091
4.57971
5.4684
4.71710
6.4684
5.41719
6.6625
5.57971
7.6625
6.23028
7.8923
6.41719
8.8923
7.01969
9.1591
7.23028
10.1591
7.78611
10.4639
8.01969
10 1.34392 0.74409
11 1.38423 0.72242
12 1.42576 0.70138
13 1.46853 0.68095
14 1.51259 0.66112 |17.0863 11.29607|17.5989 11.63496
15 1.55797 0.64186
11.4639
8.53020
11.8078
8.78611
12.8078
9.25262 13.1920 | 9.53020
14.1920
9.95400 14.6178 |10.25262
15.6178 |10.63496 | 16.0863 |10.95400
18.5989 11.93794
19.1569 12.29607
16 1.60471 0.62317
20.1569 12.56110 | 20.7616 |12.93794
Bill wants to give Maria a $520,000 gift in 6 years. If money is worth 6% compounded semiannually, what is Maria's gift worth today?
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$56,625.
$64,110
$56,110.
$28.800
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