Using the following partial table of present value of $1 at compound interest, the present value of $15,000 to be receiv
Posted: Sun Jul 03, 2022 3:54 pm
Using the following partial table of present value of $1 at compound interest, the present value of $15,000 to be received 3 years hence with earnings at the rate of 6% a year is Year 1 2 3 4 Oa. $11,265 Ob. $13,350 Oc. $11,380 6% 0.943 0.890 0.840 0.792 10% 0.909 0.826 0.751 0.683 12% 0.893 0.797 0.712 0.636