Question

Future Value Interest Rate Number of Periods Present Value ​$900.00 5​% 5 ​? ​$80,000.00 6​% 30...

Future Value

Interest Rate

Number of Periods

Present Value

​$900.00

5​%

5

​?

​$80,000.00

6​%

30

​?

​$350,000.00

10​%

20

​?

​$26,981.75

16​%

15

​?

Present values. Fill in the present values for the following​ table, (popup above), using one of the three methods​ below:

a.  Use the present value​ formula, PV=FV×1(1+r)n.

b.  Use the TVM keys from a calculator.

c.  Use the TVM function in a spreadsheet.

Future Value

Interest Rate

Number of Periods

Present Value

​$      900.00

5​%

  5

​$____ ​(Round to the nearest​ cent.)

  

​$  80,000.00

6​%

30

​$____ (Round to the nearest​ cent.)

​$350,000.00

10​%

20

​$____ (Round to the nearest​ cent.)

​$  26,981.75

16​%

15

​$_____ (Round to the nearest​ cent.)

Homework Answers

Answer #1

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