**Calculating Present Values: **

13 years

9% interest rate

$15,451 is the future value

How do you calculate the present value:

What is the formula and show me this one so I can see how it is done for other questions

#### Top Answer

Drawing from the Time Value Of Money Concept, the present value of a... View the full answer

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#### Other Answers

Pv= FV * 1/(1+r)^t r... View the full answer

- please show me step by step im stuck
- gpicon1064
- Apr 02, 2018 at 8:23pm

- 1/(1+r)^t =PV factor of a single payment, you can use pv factor table to find the value
- Whitswan
- Apr 02, 2018 at 8:27pm

- i am so lost
- gpicon1064
- Apr 02, 2018 at 8:31pm

Present value = Future value / (1+R)^n Given data: N = No.of years=... View the full answer

- please show me step by step I am stuck
- gpicon1064
- Apr 02, 2018 at 8:25pm

Here is a detailed explanation... View the full answer

n=13 years r=9% interest rate... View the full answer

The answer to this question... View the full answer