Calculate the present value of ( 100) receivable at the end of five years using a discount

Question:

Calculate the present value of \(£ 100\) receivable at the end of five years using a discount rate of

(a) \(4 \%\),

(b) \(6 \%\) and

(c) \(8 \%\) per annum.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: