Question about Present Value & Future Value

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B1. (Present value) What is the present value of $15,000 to be received 11 years from today when the annual discount rate is 10%?

B2. (Future value) What is the future value in three years of $30,000 invested today when the annual interest rate is 10%?

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B1. (Present value) What is the present value of $15,000 to be received 11 years from today when
the annual discount rate is 10%?

annual discount ...

Solution Summary

The expert computes the present value and future values received.

$2.49