Question: Problem 5-4 (similar to) (Present value) What is the present value of the following future amounts? a. 5800 to be received 9 years from now
Problem 5-4 (similar to) (Present value) What is the present value of the following future amounts? a. 5800 to be received 9 years from now discounted back to the present at 9 percent b. $300 to be received 7 years from now discounted back to the present at 7 percent. c. $1,200 to be received 11 years from now discounted back to the present at 4 percent d. $1,200 to be received 4 years from now discounted back to the present at 17 percent. a. What is the present value of $800 to be received 9 years from now discounted back to the pres $ (Round to the nearest cent) Enter your anseer en te ens bone
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