PV & FV

PV & FV - I=9% N=5 Find PV of 1= 800,000 0.64993...

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The time value of money: BEC-3) P=8000 I=4 N=12 Find PV of annuity= 8000 3.03735 $24,298.80 BEC-4) P= 75,000 I=5% N=10 Find FV of annuity= 75,000 12.57789 $943,341.75 BEC-8) (a)P= 30,000 I=10% N=9 Find PV of 1 factor= 30,000 0.4241 $12,723.00 (bP= 30,000 I=9% N=6 Find PV of annuity= 30,000 4.48592 $134,577.60 BEC-9) P= 800,000
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Unformatted text preview: I=9% N=5 Find PV of 1= 800,000 0.64993 $519,944.00 BEC-13) P= 400,000 I=4.5 or 4% N=20 Find PV of 1= 400,000 0.45639 $182,556.00 P= 400,000 >>divide by 20 years to get each year's value=18,000 I=4% N=20 PV of annuity 18,000 13.59033 $244,625.94 $427,181.94...
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This note was uploaded on 04/05/2012 for the course ECON 25 taught by Professor Shirey during the Spring '11 term at UC Irvine.

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