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 R Years 17 9 23 35 Interest Rate 9% 7% 13 % 21 % Future Value $ 16,832 48,318 886,073 550,164

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