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4. Find the missing vlaue in each row in the table below. Situation Present Value Future Value Periods Interest Rate per Peri

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Answer #1

a. Using Financial Calculator
N=12;PV=-1000;FV =7000;CPT I/Y =17.60%
Rate per period =17.60%
b. Using Financial Calculator
I/Y=6%;PMT=-1000;PV=-1000;FV =13000;CPT N =8.90
Number of periods =8.90
c. Using Financial Calculator
N=6;I/Y=8%;PMT=-1000;PV =-2000;CPT FV
FV =10509.68
d. Using Financial Calculator
N=20;I/Y=6%;FV =-75000;CPT PV =23385.35
PV =23385.35
e. Using Financial Calculator
N=20;I/Y=6%;FV =-75000;CPT PMT =2038.84
FV =2038.84

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