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-   -   Accounting Question Please help (https://www.askmehelpdesk.com/showthread.php?t=490576)

  • Jul 21, 2010, 04:56 PM
    amyporter
    Accounting Question Please help
    You are scheduled to receive $100,000 in three years. 8% is a fair rate. What is the present value of the future cash flow? I have to show calculation.
  • Jul 22, 2010, 07:41 AM
    amyporter

    I believe that the answer to my question above would be as follows:

    Present value = Future value x table factor = Present value

    $100,000 X 0.793832 = 79,383.20
  • Jul 22, 2010, 11:15 AM
    ArcSine
    Correct... good job.

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