For each of the following, compute the present value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e. g., 32.16)): Present Value Years Interest Rate Future value $ 13 7 % $ 15,451 4 13 51,557 29 14 886,073 40 9 550,164

To calculate these values, we use the present value formula:

FV = PV (1 + i)^n

Where:

FV = Future ValuePV = Present Valuei = interest raten = number of compounding periods (years in this case)

Present value #1

15,451 = PV (1 + 0.07)^13

15,451 = PV (2.41)

15,451 / 2.41 = 6,411

Present value #2

51,557 = PV (1 + 0.13)^4

51,557 = PV (1.63)

51,557 / 1.63 = 33,471

Present value #3

886,073 = PV (1 + 0.14)^29

886,073 = PV (44.69)

886,073 / 44.69 = 19,827

Present value #4

550,164 = PV (1 + 0.09)^40

550,164 = PV (31.41)

550,164 / 31.41 = 17,516

Ok they will delete in a matter of time

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.