Question

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
$	13		7	%		$	14,651
	4		13				43,557
	29		14				878,073
	40		9				542,164

Answer 1

Hello Sir/ Mam

YOUR REQUIRED ANSWERS ARE :

	Present Value
a)	$6,079.64
b)	$26,714.32
c)	$19,646.71
d)	$17,261.19

I hope this solves your doubt.

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