You are due to receive a lump-sum payment of $1,750 in three years and an additional...

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You are due to receive a lump-sum payment of $1,750 in three years and an additional...

You are due to receive a lump-sum payment of $1,750 in three years and an additional lump-sum payment of $1,850 in five years. Assuming a discount rate of 3.0 percent interest, what would be the value of the payments today?

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Answer 1

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YEAR 2 Cash flow pv @ 3% $0.00 0.9709 $0.00 0.9426 $1,750.00 0.9151 $0.00 0.8885 $1,850.00 0.8626 Value of payments today dis

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