Question
What is the value of the following future amount?
a)RM800 to be received 10 years from now discounted back to present at 10%.
b)RM1, 000 to be received 8 years from now discounted back to present at 3%.
a)RM800 to be received 10 years from now discounted back to present at 10%.
b)RM1, 000 to be received 8 years from now discounted back to present at 3%.