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Posted by: Homeworkhelp
Price Quoted by Student: $4
Posted On: 2011-08-20 06:06:32
 
Question

E 6-3 Determine the present value of the following single amounts:

ANSWER KEY E 6-3 Present value; single amount


Determine the present value of the following single amounts:

 Future Amount                        Interest Rate     No. of periods

1.         $20,000                       7%                   10

2.         14,000                                     8                      12

3.         25,000                                     12                    20

4.         40,000                                     10                    8


Solutions
ANSWER KEY Exercise 6-3   1. 
Price $4
Attachment 1: E 6-3 Present value.doc
Solution Posted By: Homeworkhelp    Posted on: 20-08-2011