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Calculate the present value for investment x and y

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Reference no: EM132838112

Investment X offers to pay you $4,600 per year for nine years, whereas Investment Y offers to pay you $6,500 per year for six years. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.)

Problem 1: Calculate the present value for Investment X and Y if the discount rate is 4%.

Problem 2: Calculate the present value for Investment X and Y if the discount rate is 14%.

Reference no: EM132838112

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