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Compute the present value of a one-time payment of $1,000 paid in four years using the following discount rates: 1.0% in year 1, 2.0% in
Compute the present value of a one-time payment of $1,000 paid in four years using the following discount rates:
1.0% in year 1, 2.0% in year 2, 4% in year 3, 3% in year 4
PV = ___________
If the present value of an ordinary, 10 year annuity is $20,000 and interest rates are 5%, what is the present value of an annuity due with the same length of life, present values and interest rate?
PV: ___________
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