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 17 9% 2$ 16,832 9. 7% 48,318 23 13 % 886,073 35 21 % 550,164

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
17
9%
$
16,832
9.
7 %
48,318
23
13 %
886,073
35
21 %
550,164
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 17 9% $ 16,832 9. 7 % 48,318 23 13 % 886,073 35 21 % 550,164
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