What is the present value of $3,000 to be received 2 years from now, if the...

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What is the present value of $3,000 to be received 2 years from now, if the discount rate is: (a) 9%, (b) 13%, and (c) 25%? 1. Use the appropriate table (Appendix C: Table 1) to answer the above questions. 2. Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the appropriate table (Appendix C: Table 1) to answer the above questions. (Round your answers to the nearest whole dollar amount.) (a) (b) (c) Discount Rate 9% 13% 25% Present Values Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions. (Round "PV Factor" to 5 decimal places and "PV values" to 2 decimal places.) (a) (b) (c) X Answer is not complete. Rate 9% 13% 25% PV Factor PV 2,526.00 2,349.00 TABLE 1 Present Value of $1 Periods 4% 6% 1 0.962 0.943 2 0.925 0.890 0.889 0.840 0.855 0.822 0.790 0.760 0.731 0.703 0.676 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 22 24 25 30 35 40 0.650 0.625 0.601 0.577 0.555 0.534 0.513 0.494 0.475 0.456 0.422 0.390 0.375 0.308 0.253 0.208 5% 0.952 0.907 0.864 0.823 0.784 0.746 0.711 0.677 0.645 0.614 0.585 0.557 0.530 0.505 0.481 0.458 0.436 0.416 0.396 0.377 0.342 0.310 0.295 0.231 0.181 0.142 7% 8% 0.935 0.926 0.873 0.857 0.816 0.794 0.792 0.763 0.735 0.747 0.713 0.681 0.705 0.666 0.630 0.665 0.623 0.627 0.582 0.592 0.544 0.558 0.508 0.527 0.475 0.444 0.415 0.388 0.497 0.469 0.442 0.417 0.394 0.371 0.350 0.331 0.312 0.278 0.247 0.233 0.174 0.130 0.097 0.362 0.339 0.317 0.296 0.277 0.258 0.226 0.197 0.184 0.131 0.094 0.067 9% 0.917 0.842 0.772 0.708 0.650 0.596 0.583 0.547 0.540 0.502 0.500 0.460 0.463 0.422 0.429 0.388 0.397 0.356 0.368 0.326 0.340 0.299 0.315 0.275 0.292 0.252 0.270 0.231 0.250 0.212 0.232 0.194 0.215 0.178 0.184 0.150 0.158 0.126 0.146 0.116 0.099 0.075 0.068 0.049 0.046 0.032 10% 11% 12% 0.909 0.901 0.893 0.826 0.812 0.797 0.751 0.731 0.712 0.683 0.659 0.636 0.621 0.593 0.567 0.564 0.535 0.507 0.513 0.482 0.452 0.467 0.434 0.404 0.424 0.391 0.361 0.386 0.352 0.322 0.350 0.317 0.319 0.286 0.290 0.258 0.263 0.232 0.239 0.209 0.218 0.188 0.198 0.170 0.180 0.153 0.164 0.138 0.149 0.124 0.123 0.101 0.102 0.082 0.092 0.074 0.057 0.044 0.036 0.026 0.022 0.015 0.287 0.257 0.229 0.205 0.183 0.163 0.146 0.130 0.116 0.104 0.083 0.066 0.059 0.033 0.019 0.011 13% 0.885 0.783 0.693 0.613 0.543 0.480 0.425 0.376 0.333 0.295 0.261 0.231 0.204 0.181 14% 0.877 0.769 0.675 0.592 0.519 0.456 0.400 0.351 0.308 0.270 0.237 0.208 0.182 0.160 0.140 0.123 0.160 0.141 0.125 0.108 0.111 0.095 0.098 0.083 0.087 0.073 0.068 0.056 0.053 0.043 0.047 0.038 0.026 0.020 0.014 0.010 0.008 0.005 15% 20% 0.870 0.833 0.756 0.694 0.658 0.579 0.572 0.482 0.497 0.402 0.432 0.335 0.376 0.279 0.327 0.233 0.284 0.194 0.247 0.162 0.215 0.135 0.187 0.112 0.093 0.078 0.123 0.065 0.107 0.054 0.045 0.038 0.031 0.026 0.018 0.013 0.010 0.004 0.002 0.001 0.163 0.141 0.093 0.081 0.070 0.061 0.046 0.035 0.030 0.015 0.008 0.004 25% 0.800 0.640 0.512 0.410 0.328 0.262 0,210 0.168 0.134 0.107 0.086 0.069 0.055 0.044 0.035 0.028 0.023 0.018 0.014 0.012 0.007 0.005 0.004 0.001 0.000 0.000 30% 0.769 0.592 0.455 0.350 0.269 0.207 0.159 0.123 0.094 0.073 0.056 0.043 0.033 0.025 0.020 0.015 0.012 0.009 0.007 0.005 0.003 0.002 0.001 0.000 0.000 0.000 What is the present value of $3,000 to be received 2 years from now, if the discount rate is: (a) 9%, (b) 13%, and (c) 25%? 1. Use the appropriate table (Appendix C: Table 1) to answer the above questions. 2. Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the appropriate table (Appendix C: Table 1) to answer the above questions. (Round your answers to the nearest whole dollar amount.) (a) (b) (c) Discount Rate 9% 13% 25% Present Values Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the formula shown at the bottom of Appendix C, Table 1, to answer the above questions. (Round "PV Factor" to 5 decimal places and "PV values" to 2 decimal places.) (a) (b) (c) X Answer is not complete. Rate 9% 13% 25% PV Factor PV 2,526.00 2,349.00 TABLE 1 Present Value of $1 Periods 4% 6% 1 0.962 0.943 2 0.925 0.890 0.889 0.840 0.855 0.822 0.790 0.760 0.731 0.703 0.676 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 22 24 25 30 35 40 0.650 0.625 0.601 0.577 0.555 0.534 0.513 0.494 0.475 0.456 0.422 0.390 0.375 0.308 0.253 0.208 5% 0.952 0.907 0.864 0.823 0.784 0.746 0.711 0.677 0.645 0.614 0.585 0.557 0.530 0.505 0.481 0.458 0.436 0.416 0.396 0.377 0.342 0.310 0.295 0.231 0.181 0.142 7% 8% 0.935 0.926 0.873 0.857 0.816 0.794 0.792 0.763 0.735 0.747 0.713 0.681 0.705 0.666 0.630 0.665 0.623 0.627 0.582 0.592 0.544 0.558 0.508 0.527 0.475 0.444 0.415 0.388 0.497 0.469 0.442 0.417 0.394 0.371 0.350 0.331 0.312 0.278 0.247 0.233 0.174 0.130 0.097 0.362 0.339 0.317 0.296 0.277 0.258 0.226 0.197 0.184 0.131 0.094 0.067 9% 0.917 0.842 0.772 0.708 0.650 0.596 0.583 0.547 0.540 0.502 0.500 0.460 0.463 0.422 0.429 0.388 0.397 0.356 0.368 0.326 0.340 0.299 0.315 0.275 0.292 0.252 0.270 0.231 0.250 0.212 0.232 0.194 0.215 0.178 0.184 0.150 0.158 0.126 0.146 0.116 0.099 0.075 0.068 0.049 0.046 0.032 10% 11% 12% 0.909 0.901 0.893 0.826 0.812 0.797 0.751 0.731 0.712 0.683 0.659 0.636 0.621 0.593 0.567 0.564 0.535 0.507 0.513 0.482 0.452 0.467 0.434 0.404 0.424 0.391 0.361 0.386 0.352 0.322 0.350 0.317 0.319 0.286 0.290 0.258 0.263 0.232 0.239 0.209 0.218 0.188 0.198 0.170 0.180 0.153 0.164 0.138 0.149 0.124 0.123 0.101 0.102 0.082 0.092 0.074 0.057 0.044 0.036 0.026 0.022 0.015 0.287 0.257 0.229 0.205 0.183 0.163 0.146 0.130 0.116 0.104 0.083 0.066 0.059 0.033 0.019 0.011 13% 0.885 0.783 0.693 0.613 0.543 0.480 0.425 0.376 0.333 0.295 0.261 0.231 0.204 0.181 14% 0.877 0.769 0.675 0.592 0.519 0.456 0.400 0.351 0.308 0.270 0.237 0.208 0.182 0.160 0.140 0.123 0.160 0.141 0.125 0.108 0.111 0.095 0.098 0.083 0.087 0.073 0.068 0.056 0.053 0.043 0.047 0.038 0.026 0.020 0.014 0.010 0.008 0.005 15% 20% 0.870 0.833 0.756 0.694 0.658 0.579 0.572 0.482 0.497 0.402 0.432 0.335 0.376 0.279 0.327 0.233 0.284 0.194 0.247 0.162 0.215 0.135 0.187 0.112 0.093 0.078 0.123 0.065 0.107 0.054 0.045 0.038 0.031 0.026 0.018 0.013 0.010 0.004 0.002 0.001 0.163 0.141 0.093 0.081 0.070 0.061 0.046 0.035 0.030 0.015 0.008 0.004 25% 0.800 0.640 0.512 0.410 0.328 0.262 0,210 0.168 0.134 0.107 0.086 0.069 0.055 0.044 0.035 0.028 0.023 0.018 0.014 0.012 0.007 0.005 0.004 0.001 0.000 0.000 30% 0.769 0.592 0.455 0.350 0.269 0.207 0.159 0.123 0.094 0.073 0.056 0.043 0.033 0.025 0.020 0.015 0.012 0.009 0.007 0.005 0.003 0.002 0.001 0.000 0.000 0.000

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