Question
A) What is the present value of $700 to be received 10years from now discounted back to the present at 10 percent? $____ ROUND TO
A) What is the present value of $700 to be received 10years from now discounted back to the present at 10 percent?
$____ ROUND TO THE NEAREST CENT
B) What is the present value of $200 to be received 8years from now discounted back to the present at 8 percent?
$____ ROUND TO THE NEAREST CENT
C) What is the present value of $1,100 to be received 12years from now discounted back to the present at 4 percent?
$____ ROUND TO THE NEAREST CENT
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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
10th Global Edition
0273765736, 978-0273765738
