Answers - Time Value of $ Problems

Answers - Time Value of $ Problems - $829.23…Present...

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Handout 1 1. 27,370 2. 2.03 3. 740,975 4. 25,036 5. 292,424 6. 3,115 7. 6,905 8. 46,501 9. 45,640 10. NO…Savings less than cost 11. 56,192 12. 11,760 13. 85,440 14. A = 53,350 B = 54,512 Handout 2 1. 12,820 2. 1,000 ten years from now…future value of $463 =
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Unformatted text preview: $829.23…Present value of $1,000 = $558. 3. NO…note only worth 209,220 4. 6 years FVIF = 1.974 5. 14-15 years 6. 20% 1728=1000* FVIF; FVIF = 1.728 I = .20 or 20% 7. 8,329 8. 22,355 9. 24,203 Handout 3 2. 4,943 3. 27,268...
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This note was uploaded on 03/16/2012 for the course FIN 300 taught by Professor Haroldwilliamson during the Spring '12 term at S. Alabama.

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