# FIN 200 WEEK 9 Capstone Checkpoint Present Value, Future Value, and Annuity Due

Apr 18th, 2015
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WEEK 9 Capstone Checkpoint: Present Value, Future Value, and Annuity Due 3, 4, 5 on pg. 278-2793. You will receive \$5,000 three years from now. The discount rate is 8 percent.a. What is the value of your investment two years from now? Multiply \$5,000 _ .926 (one year's discount rate at 8 percent).\$5,000 x .926 = \$4,630b. What is the value of your investment one year from now? Multiply your answer to part a by .926 (one year's discount rate at 8 percent).\$4,630 x .926 = \$4,287c. What is the value of your investment today? Multiply your answer to part b by .926 (one year's d

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