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Module7HWSol - A2 Future value = $60M(F/A 0.12 10 =...

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Module 7 Chapter 3 D15 Account worth at time 10: $5,000(F/A 1 , 0.0425, 0.075, 10) = $5000 × 16.7636 = $83,818 Equal annual payments: $83,818(A/F, 0.075, 10) = $83,818 × 0.0707 = $5,926 D16 a) b) c) D19 a) b) c)
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Unformatted text preview: A2 Future value = $60M(F/A, 0.12, 10) = $60M(17.5487) = $1.053B A6 Annual payments = SEK7B ÷ 20 = SEK350M Present value = SEK350M(P/A, 0.15, 20) = SEK350M(6.2593) = SEK2.191B A12 Equal payments =...
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Module7HWSol - A2 Future value = $60M(F/A 0.12 10 =...

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