Question
Using the following partial table of present value of $1 at compound interest, determine the present value of $20,000 to be received four years hence,
Using the following partial table of present value of $1 at compound interest, determine the present value of $20,000 to be received four years hence, with earnings at the rate of 10% a year:
| Year | 6% | 10% | 12% |
| 1 | .943 | .909 | .893 |
| 2 | .890 | .826 | .797 |
| 3 | .840 | .751 | .712 |
| 4 | .792 | .683 | .636 |
| A | $13,660 | |
| B | $12,720 | |
| C | $15,840 | |
| D | $10,400 |
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Tax Audit Approach And Due Diligence Related To Tax Credits
Authors: Mohamed Ben Sassi
1st Edition
6204246941, 978-6204246949
