Question

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.)

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 12 Interest Rate 4 % 9 12 11 4 16 21 Future Value $ . 42,317 798,382 655,816 R

Answer 1

fx =PV(B2,A2,0,-C2) D2 A B 1 Years Interest rate Present value Future value 18,128 $ 11,322.70 4% $ 12 2 3 42,317 $ 29,978.43 9% $ 4 4 5 798,382 $ 130,233.40 12% $ 16 655,816 $ 73,282.36 11% $ 21 8 6.

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