How much would you invest today in order to receive $50,000 in each of the following...
How much would you invest today in order to receive $50,000 in each of the following scenarios?
(Click here to see present value and future value tables)
Round your answers to 2 decimal places.
| A. | 11 years at 10% | $ |
| B. | 7 years at 12% | $ |
| C. | 14 years at 15% | $ |
| D. | 20 years at 20% | $ |
Homework Answers
A. Invest today = Amount x Present value Factor
= 50000*0.350 = $17,500
B. Invest today = 50000*0.452 = $22,600
C. Invest today = 50000*0.141 = $7,050
D. Invest today = 50000*0.026 = $1,300
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