part 7

Now assume that the interest rate is 19%. What is the present value of all the gifts? 5,293.88 Correct D E F G B 0.19 A 1 Discount rate 2 3 Year 4 From now 5 Cash flow 2023 2024 2025 2026 2027 Sum 1 3 4 5 2 1,600 1,129.86 2,000 1,400 1,176.47 2,200 6 PV2022 1,800 1,068.15 997.34 921.915,294 The solution is $5,294. A higher discount rate results in a lower present value. - Attempt 2/10 for 1.43 pts Part 7 Still assume that the interest rate is 19%. What is the future value of all the gifts? 0+ decimals Previous answers: 11900