Present Value $ 520.09 $17,860.63 $35,214.61 $26,885.08 Future Value $ 1,808.74 $234,978.49 $ 63,835.43 $227,054.63 Number of Periods 18 38 20 14 Interest Rate ? ? ? ?
Present Value $ 520.09 $17,860.63 $35,214.61 $26,885.08 Future Value $ 1,808.74 $234,978.49 $ 63,835.43 $227,054.63 Number of Periods 18 38 20 14 Interest Rate ? ? ? ?
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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Question

Transcribed Image Text:Interest rates or discount rates. Fill in the interest rates for the following table,
methods below:
a. Use the interest rate formula, r=
b. Use the TVM keys from a calculator.
c. Use the TVM function in a spreadsheet.
PV
1
n
-1.
"
using one of the three

Transcribed Image Text:Present Value
$ 520.09
$17,860.63
$35,214.61
$26,885.08
Future Value
$ 1,808.74
$234,978.49
$ 63,835.43
$227,054.63
Number of Periods
18
38
20
14
Interest Rate
?
?
?
?
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