Find the present value. Round to the nearest cent. Amount Needed Time (Years) Interest Compounded $4,700 10 5% quarterly Click here to view the present value of a dollar table. OA. $2,885.39 OB. $1,840.47 OC. $2,859.53 OD. $7,725.01

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
st cent.
ist Co
llar table
Present Value of a Dollar Table
Period 1%
2%
5%
45
97087 96154 95238
99010
98522
98019 97561
94340 92993
89000
94260 92456 90703
98030 97066 96117 95181
97059 95632 34232 92860
83962
79383
96098
91514 8800 M6.384
88849 R5400) X2270 79209
86261 82193 78353 74726
73901
5
68058
6
94218 92385 90595
95147 92826 90573 88385
94205 91454 88797 86230
83748
79031 74622 70496 63017
7 93272 90101
87056 84127 81309 75992 71068
58349
85,349 82075
X3676
78941
92348 88771
91434
87459
20073 76642
90529 86167
82015
78120
74409
89632 84893
80426
76214
72242 64958
888745 XW639 78849
74356 70138
62460
87866 82401
60057
81185
57748
86135 79985
55526
48102
16
85282 78803
62317 53391 45811 39365
17 84438 77639
71416
37136 27027
18
76491
70016
35034
25005
82774 75361 68643
23171
81954 74247 67297
14964
60502 51337
43630
38739 49363
41552
57029
47464 39573 33051
55368 45639 37689 31180 21455
81143 73150 65978 595.39 53755 43883 35894 29416 19866
80340 72069 64684 SHONG 52189
34185 27751 18394
39544 71004 63416 56670 50669
32557 26180 17002 11168
55288 49193
10153
09230
13513
12285
42196
40573
39012 31007 24608 15770
37512
29530 23300 14602
60953 539.39
39758
53623
360
28124 21981 13520
5134)
3460
26785
20737
12519
33348
25509
19563
1
2
3
4
6
10
11
12
14
30
34
96698
20908
76440
75684 65910
74934 64936
78757 (9954 62172
77977 68921
77205 67902
660999
74192 63976
73458 23031
72730
72010 ALLIC
71297
70991 59387
60892 38500
69200 57644
00599
77303
75788
66029
74301
72845
Present Value of a Dollar Table
Interest Rate per Period
21% 1%
72542
70773
69047
67362
6573)
64117
62553
61027
44270
66112
47761
46369
42435
47674 41199
45019
43708
COME
377013
73060 67684
70259
67556
2964
28506
68515 34792
67837 55953
67165 55126
54312
65842 53509 43530
65190 52718 42677
64545 51909
63905 51171 41020 32917
63273 50415 40215 32115 25674 16461
63646 49670 39427
31331
62026 48936 38664 30567
ALAT
20213
370066
2740
26355
19257
34584 28054 18517
3374) 27237
26444
59
24926 15828
24200
22105
15219
IMM
11591
3205 24295
18456 100733
30832 23138
17411 09938
22036
16425
09202
20967
15496
08520
19987 14619
07
19035
90999
.
64461 59190
61391
58468
55684
52032 46884
50507
85734 X2645
75131
68301
62092
56447
51316
62741 340127 46661
50025
42410
38554
35049
44230 34036
41727 31524
29189
55839 46319
53679 A2888
49697 39711 31863
36770
28966
26333
23939
07315
06763
06262
19%
103946
00654
03343
00133
60606
10630
21763
19784
179
16351
(1391
07628
06934
06304
05731
05210
04736
04306
XX3914
03558
03235
10941
02430
0029
00009
01826
01640
01509
01.372
01247
1134
02686
00487 201031
ana
out
D
- X
Transcribed Image Text:st cent. ist Co llar table Present Value of a Dollar Table Period 1% 2% 5% 45 97087 96154 95238 99010 98522 98019 97561 94340 92993 89000 94260 92456 90703 98030 97066 96117 95181 97059 95632 34232 92860 83962 79383 96098 91514 8800 M6.384 88849 R5400) X2270 79209 86261 82193 78353 74726 73901 5 68058 6 94218 92385 90595 95147 92826 90573 88385 94205 91454 88797 86230 83748 79031 74622 70496 63017 7 93272 90101 87056 84127 81309 75992 71068 58349 85,349 82075 X3676 78941 92348 88771 91434 87459 20073 76642 90529 86167 82015 78120 74409 89632 84893 80426 76214 72242 64958 888745 XW639 78849 74356 70138 62460 87866 82401 60057 81185 57748 86135 79985 55526 48102 16 85282 78803 62317 53391 45811 39365 17 84438 77639 71416 37136 27027 18 76491 70016 35034 25005 82774 75361 68643 23171 81954 74247 67297 14964 60502 51337 43630 38739 49363 41552 57029 47464 39573 33051 55368 45639 37689 31180 21455 81143 73150 65978 595.39 53755 43883 35894 29416 19866 80340 72069 64684 SHONG 52189 34185 27751 18394 39544 71004 63416 56670 50669 32557 26180 17002 11168 55288 49193 10153 09230 13513 12285 42196 40573 39012 31007 24608 15770 37512 29530 23300 14602 60953 539.39 39758 53623 360 28124 21981 13520 5134) 3460 26785 20737 12519 33348 25509 19563 1 2 3 4 6 10 11 12 14 30 34 96698 20908 76440 75684 65910 74934 64936 78757 (9954 62172 77977 68921 77205 67902 660999 74192 63976 73458 23031 72730 72010 ALLIC 71297 70991 59387 60892 38500 69200 57644 00599 77303 75788 66029 74301 72845 Present Value of a Dollar Table Interest Rate per Period 21% 1% 72542 70773 69047 67362 6573) 64117 62553 61027 44270 66112 47761 46369 42435 47674 41199 45019 43708 COME 377013 73060 67684 70259 67556 2964 28506 68515 34792 67837 55953 67165 55126 54312 65842 53509 43530 65190 52718 42677 64545 51909 63905 51171 41020 32917 63273 50415 40215 32115 25674 16461 63646 49670 39427 31331 62026 48936 38664 30567 ALAT 20213 370066 2740 26355 19257 34584 28054 18517 3374) 27237 26444 59 24926 15828 24200 22105 15219 IMM 11591 3205 24295 18456 100733 30832 23138 17411 09938 22036 16425 09202 20967 15496 08520 19987 14619 07 19035 90999 . 64461 59190 61391 58468 55684 52032 46884 50507 85734 X2645 75131 68301 62092 56447 51316 62741 340127 46661 50025 42410 38554 35049 44230 34036 41727 31524 29189 55839 46319 53679 A2888 49697 39711 31863 36770 28966 26333 23939 07315 06763 06262 19% 103946 00654 03343 00133 60606 10630 21763 19784 179 16351 (1391 07628 06934 06304 05731 05210 04736 04306 XX3914 03558 03235 10941 02430 0029 00009 01826 01640 01509 01.372 01247 1134 02686 00487 201031 ana out D - X
K
Find the present value. Round to the nearest cent.
Amount Needed Time (Years) Interest Compounded
$4,700
5% quarterly
10
Click here to view the present value of a dollar table.
OA. $2,885.39
OB. $1,840.47
OC. $2,859.53
OD. $7,725.01
Transcribed Image Text:K Find the present value. Round to the nearest cent. Amount Needed Time (Years) Interest Compounded $4,700 5% quarterly 10 Click here to view the present value of a dollar table. OA. $2,885.39 OB. $1,840.47 OC. $2,859.53 OD. $7,725.01
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