For each of the following, compute the present value: (Do not round intermediate calculations and round...

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Question

For each of the following, compute the present value: (Do not round intermediate calculations and round...

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

$ 10 6 % $ 17,928

2 11% 42,117

14 14% 796,382

19 13% 653,816

business finance

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Answer 1

Answer #1

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Please find below the answer
Statementshowing Computations
Paticulars	Amount
a) PV = 17928/((1.06)^10)	10,010.90
b) PV = 42117/((1.11)^2)	34,183.10
c) PV = 796382/((1.14)^14)	127,190.16
d) PV = 653816/((1.13)^19)	64,115.81

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Answer 2

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