Respuesta :
We know Present value=Future value/(1+r)t
present value=500/1.062=444.9982
thus the maximum amount you would be willing to pay=444.9982
The gift fee is the amount of money that ought to be invested will gain a specific destiny aim. The future fee is the dollar amount to be able to accrue over the years while that sum is invested.
The present value measures the impact of time on cash. Gift price is what an amount of cash or a sequence of cash flows paid within the future is well worth these days at a price of interest referred to as the “discount” rate. The gift fee is used to plan for monetary goals and to make investment selections.
Gift value is important because it allows traders to compare values over the years. PV can assist buyers to investigate destiny financial blessings of modern assets or liabilities. Used in areas like monetary modeling, inventory valuation, and bond pricing, based on future returns, investors can calculate the present fees.
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