Using formula and financial calculator methods

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How much would you have to invest today to receive: Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.

a. $15,000 in 8 years at 10 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

b. $20,000 in 12 years at 13 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

c. $6,000 each year for 10 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

d. $50,000 each year for 50 years at 7 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Reference no: EM13894293

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