Question

Calculate the present value of 6000rs
a. Recived one year from now.
B. Received at the end of 5years.
C. Received at the end of 15 years.
Assume a 5% time preference rate.
The present value factor at 5% for one year,5 year,15year.
Are 0.952,0.784,0.481

Answer 1

Answer:

c

Explanation:

c may be the answer