Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. use the tabular method 1.what is the future value

Use the tabular method 1.What is the future value of $100,000 invested today for 5 years @8%...

60.1K

Verified Solution

Question

Finance

Use the tabular method

1.What is the future value of $100,000 invested todayfor 5 years @8% interest compounded annually? (future value of asum)

2.What is the present value of $1,000,000 to be receivedin 10 years DISCOUNTED @ 7% per annum?(present value of asum)

Answer & Explanation Solved by verified expert
4.1 Ratings (700 Votes)
FV 1469328 PV 50833672 Future value is calculated by compounding the Present cash flow The formula is FV Present value 1 rn    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Lubricants, Inc., produces a special kind of grease that iswidely used by race car...

Accounting
Q

Briefly describe how the intrinsic excitability (i.e. NaVs & KVs) of a neuron determines its action potential...

Medical Sciences
Q

Extreme challenges to an animal’s physiology allow us to explore and better understand the function of...

Medical Sciences
Q

The subject moral philosophy 1 1. Explain and assess the theory of psychological egoism? 3 2. Are there...

Psychology
Q

Deformation and Breaking of a Bone If a compressive force of 3 x 104 N...

Physics
Q

Givenf(x)=3x+6,(a) Find f(x+h) and simplify.(b) Find f(x+h)-f(x)/h and simplify.

Basic Math
Q

What is the product z?z? in polar form? z?=3cis(?/2) z?=6cis(?/4)a. 18 cis(3?/4)b. 3cis(3?/4)c....

Algebra
Q

Bilco Oil Company currently sells three grades of gasoline: regular, premium and regular plus, which...

Accounting
Q

Jim Shorts Company makes clothing for schools. Sales in 20X1 were $4,470,000. Assets were as...

Accounting
Q

On November 7, Year 1, Gonzalez Company purchased equipment costing $29,500. The equipment has an...

Accounting
Q

During 2020, Sandhill Furniture Company purchases a carload of wicker chairs. The manufacturer sells the...

Accounting
Q

following cost and sales irformation is avalable for one tatch of e ach product

Accounting