Congratulations! You are the inventor of a new technological marvel and you have received several offers...

Calculate the PV of each offer listed below using an 8% discount rate. Use the Appendices and then verify your answers using the time value functions on your calculator.

1. _________________ $2,500,000 payable in 10 years.

2. _________________ $500,000 now + $1,000,000 in 10 years.

3. _________________ $250,000 now + $250,000 in 5 years + $500,000 in 10 years.

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jeff jeffy answered 1 year ago

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