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What is the present value of $15,000 received: a. Twenty eight years from today when the interest rate is 8% per year? b. Fourteen years
What is the present value of $15,000 received: a. Twenty eight years from today when the interest rate is 8% per year? b. Fourteen years from today when the interest rate is 8% per year? C. Seven years from today when the interest rate is 8% per year? a. Twenty eight years from today when the interest rate is 8% per year? The present value of $15,000 received 28 years from today when the interest rate is 8% per year is $ 1738 12 (Round to the nearest dollar) b. Fourteen years from today when the interest rate is 8% per year? The present value of $15,000 received 14 years from today when the interest rate is 8% per year is $ 5,107 (Round to the nearest dollar) c. Seven years from today when the interest rate is 8% per year? The present value of $15.000 received 7 years from today when the interest rate is 8% per year is $8771.93 (Round to the nearest dollar)
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