Finance $3001$: Homework

For all problems, your answers should provide $($a$)$ Timeline, $($b$)$ Financial equation, $($c$)$ Algebraic equation, and $($d$)$ Answer in $9$ decimal places in sequence.

$1.$ Calculate the following values.

a$.$ The present value of $$100$ received in year $10$ at an $11$ percent discount rate.

b$.$ The present value of $$100$ received in year $15$ at a $17$ percent discount rate.

c$.$ The present value of $$100$ received in each of year $1$ through year $20$ at a $22$ percent discount rate.

d$.$ The present value of $$100$ received in each of year $3$ through year $12$ at a $13$ percent discount rate.