According to the given statement all the option is correct:
A. PV2 = 5500/1.042) + ($300/1.04) + $800
B. FV2 = (S500x 104) ($3001.04) $800
C. FV2 = ($500 x 1.04) + ($300 x1.04) + ($800 x 1.04)
D. FV2 = ($500 x 104)+ $300 $800/1.04
<h3>PV ( presents value ):</h3>
A future amount of money or stream of cash flows' present value, or PV, is their current value at a given rate of return. Using a discount rate or the interest that could be earned through investment, present value calculates the future value.
<h3>According to the given information:</h3>
Margo deposited $500
she deposited an additional $300
today she deposited $800
We know that :
PV ( presents value ) = p * r * t.
p = principal ( $500, $300, $800 )
r = rate = 4%
t = duration (time) ( 2years, 1 year and present ).
putting the value we get:
=( $500* 2 * 0.04 ) + ( $300 * 1 * 0.04 ) + $800
= $40 + $12 + $800
= $852
PV = $500 + $300 + $852
= $1,652.
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Two years ago, Margo deposited $500 into a savings account. One year ago, she deposited an additional $300, and today she deposited $800. Which one of these is these is the correct formula for computing the value of these deposits today at a rate of 4 percent?
A. PV2 = 5500/1.042) + ($300/1.04) + $800
B. FV2 = (S500x 104) ($3001.04) $800
C. FV2 = ($500 x 1.04) + ($300 x1.04) + ($800 x 1.04)
D. FV2 = ($500 x 104)+ $300 $800/1.04
