Question

Using the following to answer question 1(a) and 1(b) With interest rate 79%,calculate the PV of following cash flows With interest rate 7%, calculate the PV of following cash flows. Year Payment PV 1,000 1,000 1,000 1,000 1,000
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Year

Payment

Present Value Factor @7%

PV

1

1,000

0.935

935

2

1,000

0.873

873

3

1,000

0.816

816

4

1,000

0.763

763

5

1,000

0.713

713

Present value factors can be found in present value table.

Add a comment
Know the answer?
Add Answer to:
Using the following to answer question 1(a) and 1(b) With interest rate 79%,calculate the PV of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT