Present and Future Values of Single Cash Flows for Different Periods Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent. An initial $200 compounded for 1 year at 10%. $   An initial $200 compounded for 2 years at 10%. $   The present value of $200 due in 1 year at a discount rate of 10%. $   The present value of $200 due in 2 years at a discount rate of 10%.

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter26: Capital Budgeting (capbud)
Section: Chapter Questions
Problem 6R: Reset the Data Section of the CAPBUD2 worksheet to the original values. In requirement 4, you...
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Present and Future Values of Single Cash Flows for Different Periods

Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent.

  1. An initial $200 compounded for 1 year at 10%.

    $  

  2. An initial $200 compounded for 2 years at 10%.

    $  

  3. The present value of $200 due in 1 year at a discount rate of 10%.

    $  

  4. The present value of $200 due in 2 years at a discount rate of 10%.

    $  

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