Question 449250


use Present Value table to find:

Present Value Factor: {{{n/r}}}, where Number of periods = n and Interest rate = r


a.

{{{n/r=0.3855}}}

{{{PV = (0.386 * 800) = 308.80}}}

b.

{{{n/r=0.7835}}}

{{{PV = (0.7835* 300) =235.05}}}

c.

{{{n/r=0.7894}}}

{{{PV = (0.7894* 1000) =789.4}}}

d.

{{{n/r=0.23256}}}

{{{PV = (0.23256* 1000) =232.56}}}