What is the present value of the following future amounts? a. $800 to be received 10 years from now discounted back to the present at 11 percent. b. $300 to be received 8 years from now discounted back to the present at 9 percent. c. $1,050 to be received 13 years from now discounted back to the present at 5 percent. d. $1,050 to be received 4 years from now discounted back to the present at 20 percent
What is the present value of the following future amounts? a. $800 to be received 10 years from now discounted back to the present at 11 percent. b. $300 to be received 8 years from now discounted back to the present at 9 percent. c. $1,050 to be received 13 years from now discounted back to the present at 5 percent. d. $1,050 to be received 4 years from now discounted back to the present at 20 percent
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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What is the present value of the following future amounts?
a. $800 to be received 10 years from now discounted back to the present at 11 percent.
b. $300 to be received 8 years from now discounted back to the present at 9 percent.
c. $1,050 to be received 13 years from now discounted back to the present at 5 percent.
d. $1,050 to be received 4 years from now discounted back to the present at 20 percent.
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VIEWa. $800 to be received 10 years from now discounted back to the present at 11 percent
VIEWb. $400 to be received 6 years from now discounted back to the present at 6 percent
VIEWc. $1,000 to be received 8 years from now discounted back to the present at 5 percent
VIEWd. $900 to be received 9 years from now discounted back to the present at 20 percent
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