What is the present value of the following future amounts?

What is the present value of the following future amounts?

a. $800 to be received 10 years from now discounted back to the present at 10 percent
b. $300 to be received 5 years from now discounted back to the present at 5 percent
c. $1,000 to be received 8 years from now discounted back to the present at 3 percent
d. $1,000 to be received 8 years from now discounted back to the present at 20 percent

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...= 0.385543

Future value= $800
Therefore, present value= $308.43 =800x0.385543

Ans: The present value is $308.43

b. $300 to be received 5 years from now discounted back to the present at 5 percent

n= 5 years
r= 5.00%
PVIF (5 years, 5.% rate ) = 0.783526

Future value= $300
Therefore, ...