Question 02/05 Use this partial present value of 1 table to determine the present value of $400,000 assuming an interest rate of 3 percent and 4 periods. Periods 1. 0.9901 0.9804 0.9709 0.9615 0.7803 0.9612 0.0126 16 0.9706 0.9423 0.8890 3.9610 0.9238 0-3513 0.9515 3.9507 0.8626 0.8219 O $400,000 O $355,400 $300.000 $450,197
Question 02/05 Use this partial present value of 1 table to determine the present value of $400,000 assuming an interest rate of 3 percent and 4 periods. Periods 1. 0.9901 0.9804 0.9709 0.9615 0.7803 0.9612 0.0126 16 0.9706 0.9423 0.8890 3.9610 0.9238 0-3513 0.9515 3.9507 0.8626 0.8219 O $400,000 O $355,400 $300.000 $450,197
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Question
02/05
Use this partial present value of 1 table to determine the present value of $400,000
assuming an interest rate of 3 percent and 4 periods.
Periods
1.
0.9901
0.9804
0.9709
0.9615
0.7803
0.9612
0.0126
16
0.9706
0.9423
0.8890
3.9610
0.9238
0-3513
0.9515
3.9507
0.8626
0.8219
O $400,000
O
$355,400
$300.000
$450,197
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