Question: Please show a working note. thank you Assuming the interest rate is 10%, what is the present value of a $1,500 payment you will receive

 Please show a working note. thank you Assuming the interest rate

Please show a working note. thank you

Assuming the interest rate is 10%, what is the present value of a $1,500 payment you will receive in: Do not enter dollar signs or commas in the input boxes. Use the PV tables in the appendix at the end of the book. Round all answers to the nearest whole number. x a) 3 years? $ b) 6 years? $ X c) 12 years? $

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