Question: 1 assume the annual interestdiscount rate is 3 calculate the...
(1). Assume the annual interest/discount rate is 3%. Calculate the present value of a future dollar and fill in the table below (Note: Use two decimals numbers and don't round the values.).
(2). An information system project takes $12K to develop and requires $2K to maintain its normal operation each year. The system generates $5K benefit each year since its operation. What is the project’s net present value in 3 years?