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Use the tabular method 1.What is the future value of $100,000 invested today for 5 years @8%...

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Finance

Use the tabular method

1.What is the future value of $100,000 invested todayfor 5 years @8% interest compounded annually? (future value of asum)

2.What is the present value of $1,000,000 to be receivedin 10 years DISCOUNTED @ 7% per annum?(present value of asum)

Answer & Explanation Solved by verified expert
4.1 Ratings (700 Votes)
FV 1469328 PV 50833672 Future value is calculated by compounding the Present cash flow The formula is FV Present value 1 rn    See Answer
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