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For the polynomial below, 2 is a zero. f[x) = x - 8x + 16x - 8 Expres.pdf
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### For each of the following, compute the present value (Enter rounded a.pdf

1. For each of the following, compute the present value (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)): Solution Future Value = Present Value * ( 1+i)n Hence , Present Value = Future Value /( 1+i)n 1) n = 9 i = 7% = 0.07 Future Value = 18828 Hence, Present Value = 18828 / ( 1+0.07)9 = 18828 / 1.8385 = 10240.96 2) n = 1 i = 12% = 0.12 Future Value = 43017 Hence, Present Value = 43017 / ( 1+0.12)1 = 43017 / 1.12 = 38408.04 3) n = 13 i = 15% = 0.15 Future Value = 805382 Hence, Present Value = 805382 / ( 1+0.15)13 = 805382 / 6.1528 = 130896.83 4) n = 18 i = 14% = 0.14 Future Value = 662816 Hence, Present Value = 662816 / ( 1+0.14)18 = 662816 / 10.5752 = 62676.45
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