The chief financial officer of a home health agency needs to determine the present value of a $120,000 investment received at the end of year 5. What is the present value if the discount rate is a. 3...

The chief financial officer of a home health agency needs to determine the present value of a $120,000 investment received at the end of year 5. What is the present value if the discount rate is

a. 3 percent?

b. 6 percent?

c. 9 percent?

d. 12 percent?

The chief financial officer of a home health agency needs to determine the present value of a $120,000 investment received at the end of year 20. What is the present value if the discount rate is

a. 4 percent?

b. 6 percent?

c. 8 percent?

d. 10 percent?