11-12-2009, 05:47 PM
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| Junior Member | | Join Date: Nov 2009
Posts: 4
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 Pv and FV for different interest rates..Thanks Marc, i was on track with u...
...for the first two answers a/b.? Find the following values. Compounding/discounts occurs annually.
a. An initial $500 compounded for 10 yrs at 6%
b. An initial $500 compounded for 10 yrs at 12%
c. The pv of $500 due in 10 yrs at 6%
d. The pv of $1,552.90 due in 10 yrs at 12% and at 6%
e. Define pv and illustrate it using a time line w/data from Part d. How are pvs affected be interest rates? |
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