View the step-by-step solution to:

# Calculating Present Values:

Calculating Present Values:

4 years

7% interest rate

\$51,557 is the future value

How do you calculate the present value, please show step by step

Present value = Future Value/(1+r)^n Present... View the full answer

Present value... View the full answer

• Till two digits as Present value will be \$ 39,332.59. Hint: You can excel to get the value by typing formula in a cell as =51557*(1/(1+0.07)^4) otherwise use calcula
• RTHAKUR
• Apr 02, 2018 at 9:08pm
• Anything else?
• RTHAKUR
• Apr 02, 2018 at 9:09pm

Pv =39332.59 n=4 years r=... View the full answer

The solution is... View the full answer

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