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Compute the present value of a $3,000 deposit in year 2, and another $2,500 deposit at...

Compute the present value of a $3,000 deposit in year 2, and another $2,500 deposit at the end of year 4 if interest rates are 9 percent

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Answer #1
Year Cashflows PVF at 9% Present Value
1 0 0.917431 0
2 3000 0.84168 2525.04
3 0 0.772183 0
4 2500 0.708425 1771.063
Present value of deposits 4296.1
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