Find the present value of an investment that will pay S5,000 at the end of Years 10,

Question:

Find the present value of an investment that will pay S5,000 at the end of Years 10, 11, and 12. Use a of 14 percent.

Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...