Question: Problem 4-4 (add the used formula) PRESENT VALUE CALCULATIONS What is the present value of the following future amounts? Annual Future Amount (SAR) Interest Years

Problem 4-4 (add the used formula)

PRESENT VALUE CALCULATIONS

What is the present value of the following future amounts?

Annual

Future Amount (SAR)

Interest

Years

900,000

5%

5

478,000

4%

12

279,000

12%

4

440,000

7%

15

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