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Calculating present values

For each of the following, compute the present value:

Present Value Years Interest Rates Future Value
6 5% $15,451
9 11 51,557
18 16 886,073
23 19 550,164

Solution Preview

Please refer attached sheet for undersatnding the use of MS Excel for such calculations.

Values in dollars
Years Rate ...

Solution Summary

Solution describes the steps in calculating present values for different combinations of future values, periods and discount rates.