Find the present value for what happens to the pv as the


1. Suppose Sarah deposits $1,000 in the bank.

a. How much will she have in 8 years if the interest rate is 7%?

b. How much will she have in 6 years if the interest rate is 9%?

c. How much will she have in 12 years if the interest rate is 2%?

2. Find the present value for

a. $100 received in 4 years if the interest rate is 4%.

b. $100 received in 4 years if the interest rate is 6%.

c. $100 received in 4 years if the interest rate is 2%

d. What happens to the PV as the interest rate changes?

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Financial Management: Find the present value for what happens to the pv as the
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