Mathematics, 30.06.2019 05:10 karennayeli
What is the present value of $3,000 per year for 9 years discounted back to the present at 10 percent?
Answers: 2
![\frac{P[1-(1+r)^{-n}]}{r}](/tpl/images/0033/6840/b242c.png)
![\frac{3000[1-(1+0.10)^{-9}]}{0.10}](/tpl/images/0033/6840/41d13.png)
![\frac{3000[1-(1.10)^{-9}]}{0.10}](/tpl/images/0033/6840/c3062.png)
![\frac{3000[1-0.4240976184]}{0.10}](/tpl/images/0033/6840/7f67e.png)
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What is the present value of $3,000 per year for 9 years discounted back to the present at 10 percen...
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