Exercise F-1 (Static) Future value and present value To determine the appropriate discount factor(s) using tables, click here to view Tables L. II. or IV in the appendix. Alternatively, if you calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem. Required a. The future value of $30,000 invested at 8 percent for 10 years. b. The future value of eight annual payments of $2.000 at 9 percent interest. c. The amount that must be deposited today (present value) at 8 percent to accumulate $60,000 in five years. d. The annual payment on a 10-year, 6 percent. $50,000 note payable. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D The future value of $30,000 invested at 8 percent for 10 years. (Round your answers to the nearest whole dollar amount.) Future value Required A Show less A Required B >

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Exercise F-1 (Static) Future value and present value
To determine the appropriate discount factor(s) using tables, click here to view Tables L. L . or IV in the appendix. Alternatively, if you
calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem.
Required
a. The future value of $30,000 invested at 8 percent for 10 years.
b. The future value of eight annual payments of $2,000 at 9 percent interest.
c. The amount that must be deposited today (present value) at 8 percent to accumulate $60,000 in five years.
d. The annual payment on a 10-year, 6 percent, $50,000 note payable.
Complete this question by entering your answers in the tabs below.
Required A Required B
The future value of $30,000 invested at 8 percent for 10 years. (Round your answers to the nearest whole dollar amount.)
Future value
Required C
Required D
Required A
Show less A
Required B >
Transcribed Image Text:Exercise F-1 (Static) Future value and present value To determine the appropriate discount factor(s) using tables, click here to view Tables L. L . or IV in the appendix. Alternatively, if you calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem. Required a. The future value of $30,000 invested at 8 percent for 10 years. b. The future value of eight annual payments of $2,000 at 9 percent interest. c. The amount that must be deposited today (present value) at 8 percent to accumulate $60,000 in five years. d. The annual payment on a 10-year, 6 percent, $50,000 note payable. Complete this question by entering your answers in the tabs below. Required A Required B The future value of $30,000 invested at 8 percent for 10 years. (Round your answers to the nearest whole dollar amount.) Future value Required C Required D Required A Show less A Required B >
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