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What is the present value of $13,000 received: a. 12 years from today when the interest rate is 10% per year? b. 24 years from
What is the present value of $13,000 received: a. 12 years from today when the interest rate is 10% per year? b. 24 years from today when the interest rate is 4% per year? c. 6 years from today when the interest rate is 8% per year? a. 12 years from today when the interest rate is 10% per year? The present value of $13,000 received 12 years from today when the interest rate is 10% per year is $ (Round to the nearest dollar.) b. 24 years from today when the interest rate is 4% per year? The present value of $13,000 received 24 years from today when the interest rate is 4% per year is $ (Round to the nearest dollar.) c. 6 years from today when the interest rate is 8% per year? The present value of $13,000 received 6 years from today when the interest rate is 8% per year is $ (Round to the nearest dollar.)
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