What is the present value of $40,000 received 4 years from now if the
Single Sums: 1. What is the present value of $40,000 received 4 years from now if the relevant discount rate is 2 percent? 2. What yield is needed for $6,000 today to be worth $12,000 ten years from today? 3. How many years will it take for $100,000 today to be worth $200,000 if the investment is expected to yield 6 percent? […]