What is the present value of the following future amounts? a. $800 to be received 10 years

Question:

What is the present value of the following future amounts?

a. $800 to be received 10 years from now discounted back to the present at 10 percent

b. $300 to be received 5 years from now discounted back to the present at 5 percent

c. $1,000 to be received 8 years from now discounted back to the present at 3 percent

d. $1,000 to be received 8 years from now discounted back to the present at 20 percent


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

Step by Step Answer:

Related Book For  book-img-for-question

Financial Management Principles and Applications

ISBN: 978-0133423822

12th edition

Authors: Sheridan Titman, Arthur Keown, John Martin

Question Posted: