E4— 1 5 rate. (Appendix 4A: Present

a. value ofdifferent

b. payment patterns)

c. Compute the present value ofthe payment patterns provided below, given an 8 percent discount rate. $50 at the end of year 2; $100 at the end of year $100 at the end of years 1, 2, 3, 4; $100 at the ena o] $60 at the end of years 5, 6, 7, 8; $100 at the end of H $00 at the enrl nf 1 Q Q year 8.

year 10.