Calculate present value of future payment

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Reference no: EM1327720

1. Calculate the present value of a payment of $1,075 you would received for 10 years if the interest rate is 5%.

Present value $

2. Calculate the present value of a payment of $875 you would received for 15 years if the interest rate is 5%.

Present value $

3. Calculate the present value of a payment of $1,075 you would received for 10 years if the interest rate is 20%.

Present value $

4. Calculate the present value of a payment of $875 you would received for 15 years if the interest rate is 20%.

Present value $

Reference no: EM1327720

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