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Multiple nolce Jack is considering an investment that is expected to return $1,000 four years from now. If he wants a 9% return, calculate the

Multiple nolce Jack is considering an investment that is expected to return $1,000 four years from now. If he wants a 9% return, calculate the amount of money he is willing to pay for this investment by using the Present Value of 1 table below. Perlods 8% 1 2 3 4 5 6 10% .9259 .9174 .9091 9% tion .8573 .8417 .8264 7938 7722 7350 7084 6830 7513 .6806 .6499 .6209 O $708.40 6302 .5963 5645 O $735.50 3 0

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