Calculation of PV and FVIF
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Problem 9-19 - Refer to problems at the end of the chapter for details and instructions:
Use the template to complete the problem :
Bruce Sutter
Discount Rate = i 20%
Periods = n 5 PV x FVIF = FV
Present Value of Investment -2,000
FVIF
Discount Rate = i 15%
Periods = n 3 PV x FVIF = FV
Present Value of Investment
FVIF
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Solution Summary
This solution illustrates how to use the table value for the future value of a lump-sum to find the future value.
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