What is the present value of $7,810 due 9 periods hence, discounted at 11%? (Rou

Question

What is the present value of $7,810 due 9 periods hence, discounted at 11%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

What is the future value of 18 periodic payments of $7,810 each made at the end of each period and compounded at 10%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

What is the present value of $7,810 to be received at the end of each of 19 periods, discounted at 5% compound interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Explanation / Answer

Present Value of 7810 for 9 years discounted @ 11% : 7810 *PVIF ( 9 , 11%) = 7810 * 0.3909 = 3052.929

Future Value of periodical $7810 for 18 years discounted @ 10% : 7810 *FVIFA ( 18 , 10%) = 7810 * 45.5992 = 356129.72

Present Value of periodical $7810 for 19 years discounted @ 5% : 7810 *PVIFA ( 1 , 5%) = 7810 * 12.0853 = 94386.193

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