FIN 370
Axia College of University of Phoenix (UoP)
Financial Management: Principles and Applications by Keown
Chapter Study Questions
Resource: Chapter 5 of the Financial Management: Principles and Applications text, by Keown.
5-4A. (Present value) what is the present value of the following future amounts?
a. $800 to be received 10 years from now discounted back to the present at 10 percent
b. $300 to be received 5 years from now discounted back to the present at 5 percent
c. $1,000 to be received 8 years from now discounted back to the present at 3 percent
d. $1,000 to be received 8 years from now discounted back to the present at 20 percent
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