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Present Value of Present Value of an Annuity of $1 Discount Rate $1 Discount Rate Periods 8% 10% 8% 10% 5 0.6806 0.6209 3.9927

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Present Value of Present Value of an Annuity of $1 Discount Rate $1 Discount Rate Periods 8% 10% 8% 10% 5 0.6806 0.6209 3.9927 3.7908 7 0.5835 0.5132 5.2064 4.8684 9 0.5002 0.4241 6.2469 5.7590 The present value of $6,000 to be received in 7 years at 10% is: Multiple Choice $1,232.44 $3,079.20 $6,000.00 $11,691.34

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