What is the present value of a $200 payment in one year when the discount rate is 7 percent?
Answer to relevant QuestionsWhat is the present value of a $1,500 payment made in nine years when the discount rate is 8 percent?Consider a $5,000 deposit earning 10 percent interest per year for 10 years. What is the future value, how much total interest is earned on the original deposit, and how much is interest earned on interest?What annual rate of return is earned on a $1,000 investment when it grows to $1,800 in six years? What annual rate of return is earned on a $4,000 investment made in year 2 when it grows to $6,500 by the end of year seven? People have had a fascination with gold for thousands of years. Archaeologists have discovered gold jewelry in Southern Iraq dating to 3000 BC and gold ornaments in Peru dating to 1200 BC. The ancient Egyptians were masters ...
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