Compute the present value of the following single amounts to be received at the end of the specified period at the given interest rate.

Name: Compute the present value of the following single amounts to be received at the end of the specified period at the given interest rate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

a. PV = $40,000 $\times$ 0.25842 (Table 2; n = 20; i = 7%) = $10,337.
b. PV = $20,000 $\times$ 0.23300 (Table 2; n = 25; i = 6%) = $4,660.
c. PV = $50,000 $\times$ 0.35218 (Table 2; n = 10; i = 11%) = $17,609.

Compute the Present Value of the Following Single Amounts to Be