EXHIBIT 4 Present Value of $1 at Compound Interest Periods 10% 0.90909 0 11% 12%

Question

EXHIBIT 4 Present Value of $1 at Compound Interest Periods 10% 0.90909 0 11% 12% .90090 0.89286 0.87344 0.82645 0.81162 0.79719 5% 5½96 6% 0.943400.93458 0.89000 7% 4% 0.96154 0.956940 0.95 0.92456 0.9157300.90703 238 0.94787 89845 13% 0.88496 0.78315 0. 0.88900 0.876300 0.86384 0.85161 0.83962 0.81630 0.75131 0.73119 0.71178 0.69305 0.85480 0.838560 0.82270 0 0.80722 0.79209 0.76290 0.68301 0.65873 0.63552 0.613 0.82193 0.802450 0.78353 0.76513 0.74726 0.71299 0.62092 0.59345 0.56743 0.54276 0.72525 0.70496 0.68744 0.66506 0 0.564470.53464 0.51316 0.48166 0.45235 0.46651 0.42410 0.39092 0.36061 0.33 0.48032 0.42506 0.37616 288 0.50663 0.79031 0.767900 0.74622 0.75992 0.734830 0.71068 0.73069 0.703190 0.67684 0.65160 0.70259 0.672900 0.64461 0.66634 275 0.58201 .62 0.62741 0.43393 0.40388 0.59190 0.54393 0.67556 0.643930 0.61391 0.585430.55839 0.50835 0.38554 0.35218 0.32197 0.29459 0.61763 10

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount per year PVF at 5.5% Present Value First Year                  260,000.00                  0.94787                  246,446.20 Second Year                  260,000.00                  0.89845                  233,597.00 Third Year                  260,000.00                  0.85161                  221,418.60 Fourth Year                  260,000.00                  0.80722                  209,877.20 Total Present Value                  911,339.00 b) PV =260,000*3.50515                  911,339.00

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