Reference no: EM133496045
Calculate the Present Value and Future Value for the below scenarios for ACME Corp.
What is the present value (PV) of $10,000 to be received:
(a) Eight years from today, with a rate of return of 6% per year?
(b) Twelve years from today, with a rate of return of 8% per year?
(c) Six years from today, with a rate of return of 5% per year?
What is the future value (FV) of an investment today of $10,000, to be received:
(a) Eight years from today, with a rate of return of 6% per year?
(b) Twelve years from today, with a rate of return of 8% per year?
(c) Six years from today, with a rate of return of 5% per year?