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What is the present value of $ 2 , 0 0 0 to be received 2 years from now, if the discount rate is: (

What is the present value of $2,000 to be received 2 years from now, if the discount rate is: (a)9%,(b)12%, and (c)15%?
Use the appropriate table (Appendix C: Table 1) to answer the above questions.
Use the formula shown at the bottom of Appendix C, Table 1 to answer the above questions.
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Required 2
Use the formula shown at the bottom of Appendix C, Table 1, to answ lon
places and "PV values" to 2 decimal places.)
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