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View Full Version : Present and future value


aechols1
Mar 31, 2009, 12:59 PM
the present value of $1,552.90 due in 10 years at 12% (occurs annually)

ROLCAM
Apr 1, 2009, 03:05 AM
This does not make sense.
DO YOU MEAN?

the future value of $1,552.90 due in 10 years at 12% (occurs annually)?

I have already answered this question for you.
Have a good look at your other post.

1,552.90

1 1,552.90 1,739.25
2 1,739.25 1,947.96
3 1,947.96 2,181.71
4 2,181.71 2,443.52
5 2,443.52 2,736.74
6 2,736.74 3,065.15
7 3,065.15 3,432.97
8 3,432.97 3,844.92
9 3,844.92 4,306.31
10 4,306.31 4,823.07

The answer $4,823.07.