Homework Answers
| Year | Amount(i) | Df@10%(ii) | PV(iii=i*ii) |
| 1 | 25,000.00 | 0.91 | 22,727.27 |
| 2 | 15,000.00 | 0.83 | 12,396.69 |
| 3 | 5,000.00 | 0.75 | 3,756.57 |
| Total | 38,880.54 | ||
Amount of cash that Wasp receives today is 38,880.54(Approx)
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