10.00 points
a . Compute the future value of $ 1,000 compounded annually for 10 years at 8 percent . ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)
b . Compute the future value of $ 1,000 compounded annually for 10 years at 11 percent . ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)
c . Compute the future value of $ 1,000 compounded annually for 15 years at 8 percent . ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)
13 . ( Set 2 ) 10.00 points
For each of the following , compute the present value ( Do not round intermediate calculations and round your answers to 2 decimal places , e . g ., 32.16 .):
Present Value Years
Interest Rate Future value
Wilkinson Co . has identified an investment project with the following cash flows :
If the discount rate is 9 percent , what is the present value of these cash flows ? ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)
If the discount rate is 16 percent , what is the present value of these cash flows ? ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)
If the discount rate is 25 percent , what is the present value of these cash flows ? ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)