Question
What is the present value of $ 6 comma 000 $6,000 received: a. Twenty Twenty years from today when the interest rate is 8 %
What is the present value of $ 6 comma 000 $6,000 received: a. Twenty Twenty years from today when the interest rate is 8 % 8% per year? b. Ten Ten years from today when the interest rate is 8 % 8% per year? c. Five Five years from today when the interest rate is 8 % 8% per year? a. Twenty Twenty years from today when the interest rate is 8 % 8% per year? The present value of $ 6 comma 000 $6,000 received 20 20 years from today when the interest rate is 8 % 8% per year is $ nothing . (Round to the nearest dollar.) b. Ten Ten years from today when the interest rate is 8 % 8% per year? The present value of $ 6 comma 000 $6,000 received 10 10 years from today when the interest rate is 8 % 8% per year is $ nothing . (Round to the nearest dollar.) c. Five Five years from today when the interest rate is 8 % 8% per year? The present value of $ 6 comma 000 $6,000 received 5 5 years from today when the interest rate is 8 % 8% per year is $ nothing . (Round to the nearest dollar.)
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