Ted Roberts has been offered the following future payments n years from today. If his...
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Accounting
Ted Roberts has been offered the following future
payments n years
from today. If his opportunity cost
is i,
compounded annually, what value would he place on each opportunity?
| Future Value ($) | Interest Rate (%) | Years | Present Value ($) |
|
| 8,100 | 4 | 12 | ||
| 6,800 | 9 | 28 | ||
| 6,200 | 17 | 27 | ||
| 4,300 | 12 | 21 |
| Future Value ($) | Interest Rate (%) | Years | Present Value ($) | |
| 8,100 | 4 | 12 |
| (Round to the nearest cent.) |
What is the present value for each year?
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