What is the present value of the following? Use appendix B as anapproximate answer, but calculate your final answer using the formula andfinancial calculator methods. Do not round intermediate calculations. Roundyour final answer to 2 decimal places.A. S8,200 in 13 years at 8% ?B. S18, 500 in 7 years at 11%?C. S28, 000 in 16 years at 9% ?
What is the present value of the following? Use appendix B as anapproximate answer, but calculate your final answer using the formula andfinancial calculator methods. Do not round intermediate calculations. Roundyour final answer to 2 decimal places.A. S8,200 in 13 years at 8% ?B. S18, 500 in 7 years at 11%?C. S28, 000 in 16 years at 9% ?
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
What is the
approximate answer, but calculate your final answer using the formula and
financial calculator methods. Do not round intermediate calculations. Round
your final answer to 2 decimal places.
A. S8,200 in 13 years at 8% ?
B. S18, 500 in 7 years at 11%?
C. S28, 000 in 16 years at 9% ?
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