Compute the Present Value of a $85 deposit at the end of year 1, $51 deposit at the end of year 2 and another $95 deposit at the end of year 10 if interest rates are 7

Finance Oct 10, 2020

Compute the Present Value of a $85 deposit at the end of year 1, $51 deposit at the end of year 2 and another $95 deposit at the end of year 10 if interest rates are 7.9 percent compounded annually

Expert Solution

Present value = $166.99 Or $167

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