Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use Data Table to graph the present value as a function of the discount rate. I keep getting 0 when doing the Data Table. Please

Use Data Table to graph the present value as a function of the discount rate.

image text in transcribed

I keep getting 0 when doing the Data Table. Please help!

\begin{tabular}{|l|r|l|} \hline Rate & 15% & Formula \\ \hline Number of periods & 15 & \\ \hline Payment & $10.00 & \\ \hline Present Value & $58.47 & =PV(B4,B5,B6) \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline & $58.47 \\ \hline 0% & 0 \\ \hline 2% & 0 \\ \hline 4% & 0 \\ \hline 6% & 0 \\ \hline 8% & 0 \\ \hline 10% & 0 \\ \hline 12% & 0 \\ \hline 14% & 0 \\ \hline 16% & 0 \\ \hline 18% & 0 \\ \hline 20% & 0 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions