Question: (Present Value) What is the present value of the following future amounts?

1. $800 to be received 10 years from now discounted back to the present at 10 percent
2. $300 to be received 5 years from now discounted back to the present at 5 percent
3. $1,000 to be received 8 years from now discounted back to the present at 3 percent
4. $1,000 to be received 8 years from now discounted back to the present at 20 percent

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document