Answer 1. | |
Table /calculator function | PVR of $ 1 |
Payment | 4,700 |
n= | 5 |
i= | 12% |
PV -12/31/2018 | $16,942 |
Present Value = $4,700 * PVA of $1 (12%, 5) |
Present Value = $4,700 * 3.60478 |
Present Value = $16,942 |
Answer 2. | |
Table /calculator function | PVR of $ 1 |
Payment | 4,700 |
n= | 5 |
i= | 12% |
PV -12/31/2018 | $18,976 |
Present Value = $4,700 * PVAD of $1 (12%, 5) |
Present Value = $4,700 * 4.03735 |
Present Value = $18,976 |
Answer 3. | ||||
Using the PV of $1 Chart, calculate the PV | ||||
Deposit Date | i=(12%/4) | n= | Deposit($) | Pv-12/31/2018 |
12/31/2019 | 3% | 4 | 4,700 | 4,176 |
12/31/2020 | 3% | 8 | 4,700 | 3,710 |
12/31/2021 | 3% | 12 | 4,700 | 3,296 |
12/31/2022 | 3% | 16 | 4,700 | 2,929 |
12/31/2023 | 3% | 20 | 4,700 | 2,602 |
16,713 |
PV Factor(3%,4)=0.8884 ( Given) | |
PV Factor(3%,8)=0.7894 ( Given) | |
PV Factor(3%,12)=0.7014 ( Given) | |
PV Factor(3%,16)=0.6232 ( Given) | |
PV Factor(3%,20)=0.5537 ( Given) |
TABLE 1 Future Value of $1 FV= $1 (1 + ir n/i 5.5% 1 1.01000 1.01500...
TABLE 1 Future Value of $1 FV= $1 (1 + ir n/i 5.5% 1 1.01000 1.01500 1.02000 1.02500 1.03000 1.03500 1.04000 1.04500 1.05000 1.05500 1.06000 1.07000 .08000 1.09000 1.10000 1.11000 1.12000 .20000 2 1.02010 1.03022 1.04040 1.05063 1.06090 1.07123 1.08160 1.09203 1.10250 1.11303 1.12360 1.14490 .16640 1.18810 1.21000 1.23210 1.25440 144000 3 1.03030 1.04568 1.06121 1.07689 1.09273 1.10872 1.12486 1.14117 1.15763 1.17424 1.19102 1.22504 .25971 29503 1.33100 1.36763 1.40493 .72800 4 1.04060 1.06136 1.08243 1.10381 1.12551 1.14752 1.16986 1.19252 1.21551...
TABLE 1 Future Value of $1 FV = $1(1+i)" 20.0% 1.20000 1.44000 ndi 1.0% 1 1.01000 2 1.02010 3 1.03030 4 1.04060 5 1.05101 1.5% 2.0% 2.5% 1.01500 1.02000 1.02500 1.03022 1.04040 1.05063 1.04568 1.06121 1.07689 1.06136 1.08243 1.10381 1.07728 1.10408 1.13141 3.0% 1.03000 1.06090 1.09273 1.12551 1.15927 3.5% 4.0% 4.5% 5.0% 5.5% 1.03500 1.04000 1.04500 1.05000 1.05500 1.07123 1.08160 1.09203 1.10250 1.11303 1.10872 1.12486 1.14117 1.15763 1.17424 1.14752 1.16986 1.19252 1.21551 1.23882 1.18769 1.21665 1.24618 1.27628 1.30696 6.0% 7.0%...
TABLE 1 Future Value of $1 FV = $1(1+i)" 20.0% 1.20000 1.44000 ndi 1.0% 1 1.01000 2 1.02010 3 1.03030 4 1.04060 5 1.05101 1.5% 2.0% 2.5% 1.01500 1.02000 1.02500 1.03022 1.04040 1.05063 1.04568 1.06121 1.07689 1.06136 1.08243 1.10381 1.07728 1.10408 1.13141 3.0% 1.03000 1.06090 1.09273 1.12551 1.15927 3.5% 4.0% 4.5% 5.0% 5.5% 1.03500 1.04000 1.04500 1.05000 1.05500 1.07123 1.08160 1.09203 1.10250 1.11303 1.10872 1.12486 1.14117 1.15763 1.17424 1.14752 1.16986 1.19252 1.21551 1.23882 1.18769 1.21665 1.24618 1.27628 1.30696 6.0% 7.0%...
TABLE 1 Future Value of $1 FV = $1(1+i)" 20.0% 1.20000 1.44000 ndi 1.0% 1 1.01000 2 1.02010 3 1.03030 4 1.04060 5 1.05101 1.5% 2.0% 2.5% 1.01500 1.02000 1.02500 1.03022 1.04040 1.05063 1.04568 1.06121 1.07689 1.06136 1.08243 1.10381 1.07728 1.10408 1.13141 3.0% 1.03000 1.06090 1.09273 1.12551 1.15927 3.5% 4.0% 4.5% 5.0% 5.5% 1.03500 1.04000 1.04500 1.05000 1.05500 1.07123 1.08160 1.09203 1.10250 1.11303 1.10872 1.12486 1.14117 1.15763 1.17424 1.14752 1.16986 1.19252 1.21551 1.23882 1.18769 1.21665 1.24618 1.27628 1.30696 6.0% 7.0%...
TABLE 1 Future Value of $1 FV = $1 (1 + i)" n/i 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% 20.0% 1 2 3 4 5 1.01000 1.01500 1.02000 1.02500 1.03000 1.03500 1.04000 1.04500 1.05000 1.05500 1.02010 1.03022 1.04040 1.05063 1.06090 1.07123 1.08160 1.09203 1.10250 1.11303 1.03030 1.04568 1.06121 1.07689 1.09273 1.10872 1.12486 1.14117 1.15763 1.17424 1.04060 1.06136 1.08243 1.10381 1.12551 1.14752 1.16986 1.19252 1.21551 1.23882 1.05101 1.07728 1.10408 1.13141...
TABLE 1 Future Value of $1 FV = $1(1+i)" 20.0% 1.20000 1.44000 ndi 1.0% 1 1.01000 2 1.02010 3 1.03030 4 1.04060 5 1.05101 1.5% 2.0% 2.5% 1.01500 1.02000 1.02500 1.03022 1.04040 1.05063 1.04568 1.06121 1.07689 1.06136 1.08243 1.10381 1.07728 1.10408 1.13141 3.0% 1.03000 1.06090 1.09273 1.12551 1.15927 3.5% 4.0% 4.5% 5.0% 5.5% 1.03500 1.04000 1.04500 1.05000 1.05500 1.07123 1.08160 1.09203 1.10250 1.11303 1.10872 1.12486 1.14117 1.15763 1.17424 1.14752 1.16986 1.19252 1.21551 1.23882 1.18769 1.21665 1.24618 1.27628 1.30696 6.0% 7.0%...
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