14. What is the present value of $500 per year, at a discount rate of 8.25 percent, if the first payment is received 8 years from now and the last payment is received 18 years from now? Question 14 options: $1,944 $1,761 $2, 126 $2,025 $2, 166 18. What is the Present Value of $100,000 to be received in 22 years, assuming a discount rate of 11% Question 18 options: 10,066.87 14, 447.44 7,582.41 8, 994.34 12, 257.83
14. What is the present value of $500 per year, at a discount rate of 8.25 percent, if the first payment is received 8 years from now and the last payment is received 18 years from now? Question 14 options: $1,944 $1,761 $2, 126 $2,025 $2, 166 18. What is the Present Value of $100,000 to be received in 22 years, assuming a discount rate of 11% Question 18 options: 10,066.87 14, 447.44 7,582.41 8, 994.34 12, 257.83
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:14. What is the present value of $500 per year, at a discount rate of 8.25 percent, if the first payment is received 8 years from now and the last payment is received 18 years from
now? Question 14 options: $1,944 $1,761 $2, 126 $2,025 $2, 166 18. What is the Present Value of $100,000 to be received in 22 years, assuming a discount rate of 11% Question 18
options: 10,066.87 14, 447.44 7,582.41 8, 994.34 12, 257.83
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