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Present Value Computations
Assuming that money is worth 10%, compute the present value of:
$6,000 received 15 years from today.
$
The right to inherit $2,000,00014 years from now.
$
The right to receive $2,000 at the end of each of the next six years.
$
The obligation to pay $1,000 at the end of each of the next 10 years.
The right to receive $10,000 at the end of the 7 th,8 th,9 th, and 10 th years from today.
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