Question: The present value factor at 8% for one period is 0.92593 , for two periods is 0.85734 , for three periods is 0.79383 , for

The present value factor at 8% for one period is 0.92593

The present value factor at 8% for one period is 0.92593 , for two periods is 0.85734 , for three periods is 0.79383 , for four periods is 0.73503 , and for five periods is 0.68058 . Given these factors, what amount should be deposited in a bank today to grow to $100 three years from now? $100/0.79383 $100/(0.92593/3) ($100/0.92593+$100/0.85734+$100/0.79383) $1000.79383

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