What is the present value of a. $8,000 in 10 years at 6 percent? b. $16,000 in

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What is the present value of
a. $8,000 in 10 years at 6 percent?
b. $16,000 in 5 years at 12 percent?
c. $25,000 in 15 years at 8 percent?
d. $1,000 in 40 years at 20 percent?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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