How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78

The present value is $537.78

Explanation:

Given

Required

The Present Value(I)

To calculate the present value, we simply apply the formula for future value;

Substitute 20,000 for FV; 50 for T and 7.5% for R;

This gives

Convert percent to decimal

Divide both sides by 37.19

Hence, the present value is $537.78

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

answer: penis

explanation: