PPT Slide

PV = = FVn( ) .

Solve FVn = PV(1 + i )n for PV:

PV = $100( ) = $100(PVIFi, n)

= $100(0.7513) = $75.13.

FVn

(1 + i)n

1

1 + i

n

1

1.10

3

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