What is the present
value of $3,000 received
a. 10 years from today when the interest rate is 8% per year?
b. 20 years from today when the interest rate is 16% per year?
c. 5 years from today when the interest rate is 4% per year?
SOLUTION PREVIEW
a.
|
|
Rate =
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8%
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Nper =
|
10
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File name: What is the present
value of $3,000 received.xls File type: xls PRICE: $3
