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How do you get present and future value?


1.)Present value=30,000. Annual rate of interest=6%. Term of investment=5yrs. Compound frequency=Semi. Future Value=?. What is the future value?

2.) Present value= 8,000. annual rate=6%. term of investment=4 yrs. Compound frequency=qtrly. Future value=??

3. Present value=? annual rate=8%. term=6 yrs. Compound frequency= Annual. Future Value=18,650. What is the present value?

*****Show the steps*****

Use a compound interest calculator, unless this is homework, in which case it could go under that section, heck with the steps this is business and time is money.

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