a. Fill in the following table from Appendix B. (Round your answers to 3 decimal places.) Discount Rate 7% 18% Years 1 10 20 b. Does the choice between a low or a high discount rate have a greater impact on short-term or long-terr Long-term O Short-term Appendix B Present value of $1, PV PVFV Percent th Period 1 2 3 4 5 6 7 8 9 10 11 1x 0.990 0.980 0.971 0.961 0.951 0.942 0.933 0923 0.914 0.905 0896 0.887 0.879 0.870 0.861 0 953 0.844 0.836 0.828 0.820 0.780 0.742 0.672 0.608 2 0.980 0.961 0.942 0924 0.906 0.888 0.871 0.853 0.837 0.820 0.804 0.788 0.773 0.758 0.743 0.728 0.714 0.700 0.686 0.673 0.610 0,552 0.453 0.372 3 0.971 0.943 0.915 0.888 0.863 0.837 0.813 0.789 0.766 0.744 0.722 0.701 0.681 0661 0.642 0.623 0.605 0.587 0.570 0.554 0.478 0.412 0.307 0.228 0.962 0.925 0.889 0855 0822 0.790 0.760 0.731 0.703 0.676 0.650 0.625 0.601 0.577 0555 0.534 0513 0.494 0.475 0.456 0375 0303 0208 0.141 12 6 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0.558 0.527 0.497 0.469 0.442 0.417 0.394 0.371 0.350 0.331 0.312 0.233 0.174 0.097 0.054 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 0.295 0.231 0.142 0.087 0.935 0.873 0.816 0.763 0.713 0.666 0.623 0582 0.544 0.508 0.475 0.444 0.415 0.388 0.362 0.339 0.317 0296 0.277 0.258 0.184 0.131 0.067 0.034 ON 0.917 0.842 0.772 0.708 0.650 0.596 0547 0.502 0.460 0.422 0.388 0.356 0.326 0.299 0.275 0.252 0.231 0.212 0.194 0.178 0.116 0.075 0.032 0.013 0.926 0857 0.794 0.735 0.681 0.630 0583 0.540 0.500 0.463 0.429 0.397 0.368 0340 0.315 0.292 0.270 0.250 0.232 0.215 0.146 0.099 0046 0.021 10% 0.900 0.826 0.751 0.683 0,621 0.564 0.513 0.467 0.424 0.386 0.350 0319 0.290 0.263 0.239 0.218 0.198 0.180 0.164 0.149 0,092 0057 0.022 0.009 12 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.404 0 361 0.322 0.287 0.257 0.229 0.205 0.183 0.163 0.146 0.130 0.116 0.104 0.059 0.033 0011 0.003 0901 0812 0.731 0,659 0.593 0.535 0.482 0.434 0.391 0,352 0.312 0285 0.258 0.232 0.209 0.188 0.170 0.153 0.138 0.124 0.074 0044 0.015 0.005 13 14 15 16 17 18 19 20 25 30 40 50