Question

Find the present value of
(1) A single payment of $36,000 at 4 percent made 12 years from now,
(2) 12 annual payments of $3,000 at 4 percent,
(3) A single payment of $7,000 at 8 percent made 5 years from now,
(4) Five annual payments of $7,000 at 8 percent. (Tables 1 and 2 in Appendix B may be used where appropriate.)



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  • CreatedSeptember 10, 2014
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