Assignment
1. Determine the present value of $75,000 discounted at 6% over 6 years.
Present Value
Amount to be discounted
Annual interest rate
Number of years
Present Value
2. Determine the future value of $100,000 invested today at 4% for 5 years.
Future Value
Amount invested today
Annual interest rate
Number of years
Future Value
3. Determine what annual payment will need to be invested if you have $10,000 today and want it to grow to $100,000 over 20 years at 4.5%.
Annual Payment
Amount invested today
Annual interest rate
Number of years
Amount to end up with
Annual Payment