B. Present Value Tables

The formula for present value is

image

where P = present value, i = interest rate, and n = number of years.

image

Get How to Keep Score in Business: Accounting and Financial Analysis for the Non-Accountant, Second Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.