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Present Value Factor for Reversion of $1 -Using Only the Information in the Table Above, Approximately How

question 21

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Present Value Factor for Reversion of $1
 Perlod 6%7%8%9%10%1.943396.934579.925926.917431.9090912.889996.873439.857339.841680.8264463.839619.816298.793832.772183.7513154.792094.762895.713503.708425.6830135.747258.712986.680583.644931.6209216.704961.666643.630170.596267.564474\begin{array}{cccccc}\text { Perlod } & 6 \% & 7 \% & 8 \% & 9 \% & 10 \% \\\hline 1 & .943396 & .934579 & .925926 & .917431 & .909091 \\2 & .889996 & .873439 & .857339 & .841680 & .826446 \\3 & .839619 & .816298 & .793832 & .772183 & .751315 \\4 & .792094 & .762895 & .713503 & .708425 & .683013 \\5 & .747258 & .712986 & .680583 & .644931 & .620921 \\6 & .704961 & .666643 & .630170 & .596267 & .564474\end{array}
-Using only the information in the table above, approximately how much would you pay today for an investment that pays $0 annual interest, but earns 8% interest over the next four years and has a face value at maturity of $13,500?


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