document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=202870>Question 202870</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I need help with finance homework!!!! Thank you so much!!!!!\r<BR>\n" );
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document.write( "What is the present value of the following future amounts?\r<BR>\n" );
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document.write( "A.$800 to be received 10 years from now discounted back to the present at 10 percent.\r<BR>\n" );
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document.write( "B.$300 to be received 5 years from now discounted back to the present at 5 percent<BR>\n" );
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document.write( "C.$1,000 to be received 8 years from now discounted back to the present at 3 percent<BR>\n" );
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document.write( "D.$1,000 to be received 8 years from now discounted back to the present at 20 percent<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #153052 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=153052\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> P=FV/(1+r)^t<BR>\n" );
document.write( "P=800/1+.1)^10<BR>\n" );
document.write( "P=800/2.59374246<BR>\n" );
document.write( "P=$308.43<BR>\n" );
document.write( "Try the others yourself.<BR>\n" );
document.write( "Good luck. </SPAN>\n" );
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