For each of the following, compute the present value: (Your answers should be positive values.) Present value Years Interest rate Future value 17 9% $ 16,832 9 7% $ 48,318 23 23 13% $ 886,073 35 21% $ 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
Section: Chapter Questions
Problem 1PS
Question

For each of the following, compute the present value: (Your answers should be positive values.) \table[[Present value,Years,Interest rate,Future value],[,17,9%,$16,832

For each of the following, compute the present value:
(Your answers should be positive values.)
Present value
Years
Interest rate
Future value
17
9% $
16,832
9
7% $
48,318
23
23
13% $
886,073
35
21% $
550,164
Transcribed Image Text:For each of the following, compute the present value: (Your answers should be positive values.) Present value Years Interest rate Future value 17 9% $ 16,832 9 7% $ 48,318 23 23 13% $ 886,073 35 21% $ 550,164
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