Present Value Computations
Assuming that money is worth 10%, compute the present value of
Round answers to the nearest whole number.
1. "$10,000" received 15 years from today.
$Answer 1
2. The right to inherit $1,750,000 14 years from now.
$Answer 2
3. The right to receive $4,000 at the end of each of the next six years.
$Answer 3
4. The obligation to pay $6,000 at the end of each of the next 10 years.
$Answer 4
5. The right to receive $8,000 at the end of the 7th, 8th, 9th, and 10th years from today.