What is the present value at year zero for the following at a discount rate of 10%? At year zero (now), you receive $12,000?

A) $9,015.78

B) $12,000

C) $9,917.36

D) $10,909.09

E) None of the Above

You will receive a payment. Which is 3 times the present value of this payment if the idscount rate is 7% every year, which yer will you receive this payment?

A) 17.89 years

B) 10.67 years

C) 19.35 years

D) 16.24 years

E) None of the Above