(a)What is the present value of $32,000 due 7 years from now, discounted at 8%?
(b) What is the present value of $70,000 due 5 years from now, discounted at 15%?

Name: (a)What is the present value of $32,000 due 7 years from now, discounted at 8%? (b) What is the present value of $70,000 due 5 years from now, discounted at 15%?
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The Answer of (a)What is the present value of $32,000 due 7 years from now, discounted at 8%?
(b) What is the present value of $70,000 due 5 years from now, discounted at 15%?

(A)What Is the Present Value of $32,000 Due 7 Years