What is the present value of the future amounts


Please complete the following calculations showing all work.

*Compound Interest - what amount will the following investments accumulate?

1) $5,000 invested for 10 yrs at 10% compounded annually

2). $8,000 invested for 7 yrs at 8% compounded annually

3). $775 invested for 12 years at 12% compounded annually

4). $21,000 invested for 5 years at 5% compounded annually

*Present value - what is the present value of the following future amounts?

1). $800 to be received 10 yrs from now discounted back to the present at 10%

2). $300 to be received 5yrs from now discounted back to the prseent at 5%

3). $1,000 to be received 8 yrs from now discounted back to the present at 3%

4) $1,000 to be recieved 8 yrs from now discounted back to the present at 20%

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Finance Basics: What is the present value of the future amounts
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