The present value that will give a future value S in 4 years with interest compounded annually varies inversely as the fourth power of 1 + r,where r is the annual interest rate. If the present value of $1525.79 gives a future value of $2000,what would be the present value of $10,000 in the future?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
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Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
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The present value that will give a future value S in 4 years with interest compounded annually varies inversely as the fourth power of 1 + r,where r is the annual interest rate.
If the present value of $1525.79 gives a future value of $2000,what would be the present value of $10,000 in the future?
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