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Business, 28.02.2021 08:30 kdawg203

Solve the calculations involved in the time value of money. Please include your work and formulas you used in order to calculate the following problems: Each question is worth 2 points each (1 point for showing your work, 1 point for correct answer) 1. Calculate the future value of $15,000 over three years if the interest rates are:
a. 10percent
b. 15percent
c. 7 percent
2. Using the formula for future value of interest compounded more frequent than annually;
calculate the future value of a $10,000 investment at 8 percent interest if the interest is compounded:
a. Semi-annually over 20 years
b. Quarterly over 15 years
c. Monthly over 5 years
3. Calculate the approximate present value of $43,178 at 8 percent interest for 10 years, using the present value formula.
4. Calculate the Interest rate of the given values: amount of perpetuity is $200,000 and the initial investment was $2,500,000
5. Ifafacilityinvested$5,000cash, 4 years:
a. At 10% interest compounded annually
b. At 10% interest compounded semiannually

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