Copy of KC home work solutions

Copy of KC home work solutions - Pg.278...

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Pg.278 What is the present value of: 2 PV=FV/(1+%)^Year a 8000 in 10 years at 6%? Future Vale  \$8,000  Years 10 Annual Rate 6% Present Value \$4,467.16  b \$16000 in 5 years at 12%? Future Vale  \$16,000  6.5/6.5 Years 5 Annual Rate 12% Present Value \$9,078.83  c \$25000 in 15 year at 8%. Future Vale  \$25,000  Years 15 Annual Rate 8% Present Value \$7,881.04  Pg. 279 5 If you invest \$12000 today ho much will you have: 10 FV=PV(1+i)^n or FV(rate,nper,pmt,pv,type) a a In 6 years at7%? Present Value  \$(12,000) Annual Rate 7% Years 6 Future Value \$18,008.76 b b In 15 Years at12%? Present Value  \$(12,000) Annual Rate 12% Years 15 6.5/6.5 Future Value \$65,682.79 c In 25 Years at 10%? c Present Value  \$(12,000) Annual Rate 10% Years 25 Future Value \$130,016.47 In 25 Years at 10% (compound semiannualy)? d d Present Value  \$(12,000)

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Annual Rate 10% Years 50 Semiannualy 2 5.00% Future Value \$137,608.80 15 Sherwin Williams
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This note was uploaded on 09/10/2011 for the course ACCOUNTING IS 160 taught by Professor Taylor during the Spring '11 term at Herzing.

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Copy of KC home work solutions - Pg.278...

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