Each of the following situations is Independent. You may use any computational approach (table, Excel, or financial calculator app) you use the tables, choose the appropriate factors from the following link(s): (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annulty of $1. Financial Calculator Case A C Present Value $100,000 (2) (3) Annuity $2,000 $3,000 Annual Future Interest Value Rate (1) $ 100,000 (4) 4644 5% Number of Years 15 201 Required: Compute the missing amounts for (1) through (4). (Round your answers to the nearest dollar) K

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter27: Time Value Of Money (compound)
Section: Chapter Questions
Problem 2R
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Each of the following situations is Independent. You may use any computational approach (table, Excel, or financial calculator app); if
you use the tables, choose the appropriate factors from the following link(s): (Future Value of $1. Present Value of $1. Future Value
Annuity of $1. Present Value Annuity of $1. Financial Calculator
Case
A
C
1.
2
Present
Value
$100,000
(2)
(3)
Annuity
$2,000
$3,000
Future
Value
(1)
$ 100,000
(4)
Annual
Interest
Rate Number of Years
4%
5
4661
5%
3%
4X
10
20
Required:
Compute the missing amounts for (1) through (4). (Round your answers to the nearest dollar)
27
Transcribed Image Text:Each of the following situations is Independent. You may use any computational approach (table, Excel, or financial calculator app); if you use the tables, choose the appropriate factors from the following link(s): (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1. Financial Calculator Case A C 1. 2 Present Value $100,000 (2) (3) Annuity $2,000 $3,000 Future Value (1) $ 100,000 (4) Annual Interest Rate Number of Years 4% 5 4661 5% 3% 4X 10 20 Required: Compute the missing amounts for (1) through (4). (Round your answers to the nearest dollar) 27
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