Question

Calculate Present Values: For each of the following, compute the present value: Years Interest Rate Future...

Calculate Present Values: For each of the following, compute the present value:

Years

Interest Rate

Future Value

8

7

$13,827

13

15

43,852

17

11

725,380

26

18

590,710

**PLEASE PROVIDE EXCEL FORMULAS

Homework Answers

Answer #1
Case-1
Future value 13827
Multiply: PVF at 7% for 8yrs 0.582009
Present value of amount 8047.438
Ccase-2
Future value 43852
Multiply: PVF at 15% for 13yrs 0.162528
Present value of amount 7127.178
Case-3
Future value 725380
Multiply: PVF at 11% for 17yrs 0.169633
Present value of amount 123048.4
Case-4
Future value 590710
Multiply: PVF at 18% for 26yrs 0.013523
Present value of amount 7988.171
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