SOLUTION: can someone guide me on how to do these problems??
5-4A.
(Present value) What is the present value of the following future amounts?
a. $800 to be received 10 years from now
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Question 449250: can someone guide me on how to do these problems??
5-4A.
(Present value) What is the present value of the following future amounts?
a. $800 to be received 10 years from now discounted back to the present at 10 percent
b. $300 to be received 5 years from now discounted back to the present at 5 percent
$1,000 to be received 8 years from now discounted back to the present at 3 percent
c$1,000 to be received 8 years from now discounted back to the present at 3 percent
d.$1,000 to be received 8 years from now discounted back to the present at 20 percent
Answer by MathLover1(20850) (Show Source): You can put this solution on YOUR website!
use Present Value table to find:
Present Value Factor: , where Number of periods = n and Interest rate = r
a.
b.
c.
d.
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