For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future value 14 8 % $ 15,851 5 14 55,557 30 15 890,073 35 8 554,164

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
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For each of the following, compute the present value: (Do not round intermediate
calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present Value
Years
Interest Rate
Future value
14
8 %
$
15,851
5
14
55,557
30
15
890,073
35
8
554,164
Transcribed Image Text:For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future value 14 8 % $ 15,851 5 14 55,557 30 15 890,073 35 8 554,164
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