What is the present value of $750,000 inheritance (trust fund) to be received in 20 years discounted at an annual rate of 9%?
Statement showing Computations | |
Particulars | Amount |
Fund to be received in 20 years | 750,000.00 |
Discount rate | 9% |
PVF for 20 years at 9% = (1/1.09)^20 | 0.1784309 |
Present Value = 750,000*.1784309 | 133,823.18 |
What is the present value of $750,000 inheritance (trust fund) to be received in 20 years...
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