Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Present Value of $1 Periods 1% 2% 3% 4% Period 1 0.990 0.980 0.971 0.962 Period 2 0.980 0.961 0.943 0.925 5% 0.952 0.907
Present Value of $1 Periods 1% 2% 3% 4% Period 1 0.990 0.980 0.971 0.962 Period 2 0.980 0.961 0.943 0.925 5% 0.952 0.907 Period 3 0.971 0.942 0.915 0.889 0.864 Period 4 0.961 0.924 0.888 0.855 0.823 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 Period 6 Period 7 0.942 0.888 0.837 0.790 0.746 0.681 0.621 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 6% 8% 10% 12% 14% 16% 18% 20% 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 0.890 0.857 0.826 0.797 0.769 0.743 0.718 0.694 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 0.681 0.621 0.567 0.519 0.476 0.437 0.402 0.933 0.871 0.813 0.760 0.711 Period 8 0.923 Period 9 0.914 Period 10 0.905 0.853 0.789 0.731 0.677 0.837 0.766 0.703 0.645 0.592 0.820 0.744 0.676 0.614 0.558 0.665 0.583 0.513 0.452 0.627 0.540 0.467 0.404 0.500 0.424 0.361 0.463 0.386 0.322 0.400 0.354 0.314 0.279 0.351 0.305 0.266 0.233 0.270 0.308 0.263 0.225 0.194 0.227 0.191 0.162 Period 11 0.896 0.804 0.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 0.195 0.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0.469 0.368 0.290 0.229 0.182 0.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 Period 20 0.820 0.673 0.554 0.456 0.377 0.312 0.215 0.149 0.104 0.073 0.051 0.037 0.026 Period 25 0.780 0.610 0.478 Period 30 0.742 0.552 0.412 Period 40 0.672 0.453 0.307 0.375 0.295 0.233 0.146 0.092 0.308 0.231 0.174 0.099 0.057 0.033 0.208 0.142 0.097 0.046 0.022 0.011 0.059 0.038 0.024 0.016 0.010 0.020 0.012 0.007 0.004 0.005 0.003 0.001 0.001 Print Done
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started