Present Value of $1 Discount Rate Present Value of an Annuity of $1 Discount Rate...

90.2K

Verified Solution

Question

Accounting

Present Value of $1 Discount Rate Present Value of an Annuity of $1 Discount Rate
Periods 8%10%8%10%
50.68060.62093.99273.7908
70.58350.51325.20644.8684
90.50020.42416.24695.7590
The present value of an obligation of $8,000 payable in 7 years at 8% is:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students