▼   Cash Flow Present Discounted Value Interest Rate is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which ​$3000 is to be paid out a year from today with the interest rate equal to 3% is ​$enter your response here. ​(Round your response to the neareast two decimal​ place) Part 3 If a loan is paid after two​ years, and the amount ​$3000 is to be paid then with a corresponding 1​% interest​ rate, the present value of the loan is ​$enter your response here. ​(Round your response to the neareast two decimal​ place)

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
Section: Chapter Questions
Problem 4.8P
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Cash Flow
Present Discounted Value
Interest Rate
is based on the notion that a dollar paid in the future is less valuable than a dollar paid today.
Part 2
The present value of a loan in which
​$3000
is to be paid out a year from today with the interest rate equal to
3%
is
​$enter your response here.
​(Round your response to the neareast two decimal​ place)
Part 3
If a loan is paid after two​ years, and the amount
​$3000
is to be paid then with a corresponding
1​%
interest​ rate, the present value of the loan is
​$enter your response here.
​(Round your response to the neareast two decimal​ place)
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