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What is the present value of $300,000 to be paid in 8 years with an

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What is the present value of $300,000 to be paid in 8 years
with an interest rate of 13 percent? (FV of $1, PV of $1,
FVA of $1, and PVA of $1) (Use the appropriate factor(s)
from the tables provided.)
What is the present value of $300,000 to be paid in 8 years
with an interest rate of 13 percent? (FV of $1, PV of $1,
FVA of $1, and PVA of $1) (Use the appropriate factor(s)
from the tables provided.)
Solution
Given in question value = $300,000
Time = 8 years
interest rate = 13%
Formula for calulating the PV=FV ( 1+i)^n
where PV= present value
FV = future value
For calculating presnt value look at table of PVof
$1 at interest rate 13% for 8 years
PV= $300,000 ( pv of $1 factor from table)
= 300,000 ( .3762)

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What is the present value of $300,000 to be paid in 8 years with an interest rate of 13 percent? (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) What is the present value of $300,000 to be paid in 8 years with an interest rate of 13 percent? (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Solution Given in question value = $300,000 Time interest rate = 8 years = 13% Formula for calulating the PV=FV ( 1+i)^n where PV= present value FV = future value For calculating presnt value ...
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