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What is the present value of of the following cash flows at an interest rate of 10% per year? a. $100 received 5 years from
What is the present value of of the following cash flows at an interest rate of 10% per year?
a. $100 received 5 years from now?
b. $100 received 60 years from now?
c. $100 received each year beginning one year from now and ending 10 years from now?
d. $100 received each year for 10 years beginning now?
e. $100 each year beginning one year from now and continuing forever (no need financial keys, just common sense)
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