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Check my work Brief Exercise 5-4 (Algo) Present value; single amount (LO5-3] points John has an investment opportunity that p
TABLE 1 Future Value of $1 FV = $1 (1 + ir II 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 40% 45% 6.0% 5.5% 1 1.01000 1.01500 1.02000 1.025
TABLE 2 Present Value of $1 PV- ni 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% .0% 5.5% 1 0.99010 0.98522 0.98039 0.97561 0.97087
TABLE 3 Future Value of an Ordinary Annuity of $1 FVA -0+ -1 w 1 2 3 4 5 1.0% 1.0000 20100 3.0301 4.0604 5.1010 1.5% 2.0% 1.0
TABLE 4 Present Value of an Ordinary Annuity of $1 PVA - 1 2 3 4 5 1.0% 1.5% 20% 2.5% 3.0% 35% 40% 45% 50% 5.5% 6.0% 0.99010
TABLE 5 n/I 1 2 3 4 5 1.0% 1.0100 2.0301 3.0604 4.1010 5.1520 Future Value of an Annuity Due of $1 FVAD = (1+1=+*(1+0) 1.5% 2
TABLE 6 Present Value of an Annuity Due of $1 PVAD-L *** NI 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 40% 4.5% 5.0% 55% 60% 70% 8.0% 0.0
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Answer) We want to get 13000 after four yers we find out the present value of 13000 by using Present value factors i.e PV for

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