Find the Present Value of $2000 due in 10 years if the discount rate is 15% per year
| Inputs: | NPER | ||
| RATE | |||
| PMT | |||
| PV | ?? | ||
| FV | ** negative # | ||
| TYPE |

here,
rate = discount rate = 15%
nper = number of periods = 10 (given in question)
pmt = payment = 0
fv = future value = 2000(we have to use negative sign)
so the present value = 494.37(rounded to two decimals)
we can ignore type
Find the Present Value of $2000 due in 10 years if the discount rate is 15%...
Find the Future Value of $2,000 invested to earn 15% annually 10 years from today. Please fill out this table: INPUTS NPER RATE PMT PV (Negative #) FV TYPE ANSWER
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PLEASE SHOW ME EXACTLY HOW TO DO THE PROBLEM!!!! I INSERTED A
PICTURE FOR AN EXAMPLE!
Future Value after 9 years is calculated using EXCEL FUNCTION FV(rate, nper,pmt, pv,type) where rate-1.5%; nper-9; pmt-o; pe-3520000; type=0; Here, value for pv is negative as it denotes cash inflows; type as interest is...