[Step-by-Step] (Present value) What is the present value of the following future amounts? $800 to be received 10 years from now discounted back to the
Question: ( Present value ) What is the present value of the following future amounts?
- $800 to be received 10 years from now discounted back to the present at 10 percent
- $300 to be received 5 years from now discounted back to the present at 5 percent
- $1,000 to be received 8 years from now discounted back to the present at 3 percent
- $1,000 to be received 8 years from now discounted back to the present at 20 percent
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