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Predictions and Prophecies
(Present value) What is the present value of the following future amounts?
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<blockquote data-quote="JoshS" data-source="post: 1502133" data-attributes="member: 211365"><p>a) $800 to be received 10 years from now discounted back to the present at 10 percent </p><p>b) $300 to be received 5 years from now discounted back to the present at 5 percent </p><p>c) $1,000 to be received 8 years from now discounted back to the present at 3 percent </p><p>d) $1,000 to be received 8 years from now discounted back to the present at 20 percent</p></blockquote><p></p>
[QUOTE="JoshS, post: 1502133, member: 211365"] a) $800 to be received 10 years from now discounted back to the present at 10 percent b) $300 to be received 5 years from now discounted back to the present at 5 percent c) $1,000 to be received 8 years from now discounted back to the present at 3 percent d) $1,000 to be received 8 years from now discounted back to the present at 20 percent [/QUOTE]
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