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10% Use the following tables to calculate the present value of a $37.400 to be received five years, if the market rate is 6% compounded
10% Use the following tables to calculate the present value of a $37.400 to be received five years, if the market rate is 6% compounded annualy? Round to the nearest whole number | Periods | 5% 6% 7% 1 0.95238 0.94340 0.93458 0.90909 2 0.90703 0.89000 0.87344 0.82645 0.86384 0.839620.81630 0.75132 0.82270 0 .79209 0.76290 0.68301 0.78353 0.74726 0.71299 0.62092 0.74622 0.70496 0.66634 0 56447 0.71068 0.66506 0.62275 0.51316 0.67684 0.62741 0.58201 0 46651 9 0.64461 0.59190 0.54393 0.42410 10 0.61391 0.55840 0 -50835 0.38554
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