1. 1360
2. 153.5
3. 16years/ 22 years
4. 2964
Wednesday, February 23, 2011
Monday, February 14, 2011
Present and Future Value
Present And Future Value
#1: 1.683 * 2000 = 3366
#2: 1.405 * 1000 = 1405
#3: 1.050 * 1000 = 1050
Present And Future Values of Annuities
#1: $200 * 31.772 = $6354.40
#2: $50,000/ 7.843 = $6375.11
#3: $4000/ 3.240 = $1234.57
#1: 1.683 * 2000 = 3366
#2: 1.405 * 1000 = 1405
#3: 1.050 * 1000 = 1050
Present And Future Values of Annuities
#1: $200 * 31.772 = $6354.40
#2: $50,000/ 7.843 = $6375.11
#3: $4000/ 3.240 = $1234.57
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