What is the present value of the future amounts

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Question 1. What is the present value of the following future amounts?

a. $300 to be received 5 years from now discounted back to the present at 5%.

Question 2. What is the accumulated sum of each of the following streams of payments?

a. $100 a year for 5 years compounded annually at 10%.

Question 3. What is the present value of the following annuities?

a. $70 a year for 3 years discounted back to the present at 3%.

Reference no: EM132485614

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