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FIN 370 5-4A (Present value) What is the present value of the following future amounts?

5-4A (Present value) What is the present value of the following future amounts?

$800 to be received 10 years from now discounted back to the present at 10 percent
$300 to be received 5 years from now discounted back to the present at 5 percent
$1,000 to be received 8 years from now discounted back to the present at 3 percent
$1,000 to be received 8 years from now discounted back to the present at 20 percent

SOLUTION