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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

Top Answer

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

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Present value... View the full answer

2 comments
  • 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

Here is the answer... View the full answer

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

The solution is... View the full answer

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