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Find the present value. The interest rate is 8%. Find the present value. The interest rate is 8%. a. 0 H PV = ? 1

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Find the present value. The interest rate is 8%.

Find the present value. The interest rate is 8%. a. 0 H PV = ? 1 2 3 4. + + + + 400 400 400 400 5 + 400 6 7 8 9 10 + + + + 400 400 400 400 400 b. What is the present value if the 400 dollar payments lasted forever

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