Calculate the present value for the following questions:
1. $45,000 today in one lump sum.
2. $70,000 paid to you in seven equal payments of $10,000 at the end of each of the next seven years.
3. $80,000 paid in one lump sum 7 years from now© BrainMass Inc. brainmass.com June 4, 2020, 1:22 am ad1c9bdddf
This solution calculates the present value for 3 different scenarios; 2 of which are lump sums.