Mathematics, 16.07.2021 22:00, onlymyworld27
The future value of $550 six years from now at 7 percent. (Round your FV factor to 3 decimal places and final answer to 2 decimal places.)
b. The future value of $900 saved each year for 10 years at 8 percent. (Round your discount factor to 3 decimal places and final answer to 2 decimal places.)
c. The amount a person would have to deposit today (present value) at a 5 percent interest rate to have $1,000 five years from now. (Round your PV factor to 3 decimal places and final answer to the nearest whole dollar.)
d. The amount a person would have to deposit today to be able to take out $500 a year for 10 years from an account earning 8 percent. (Round your PVA factor to 3 decimal places and final answer to the nearest whole dollar.)
Answers: 1
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The future value of $550 six years from now at 7 percent. (Round your FV factor to 3 decimal places...
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