Appendix 4
Discounting and compounding tables
Present value of $1
Note: To convert $1 in the future into a present value apply the factor that matches both the number of years and the interest rate, for example, 6 years, 4 per cent = $0.790.
Present value of annuity of $1
Note: To convert a future cash flow of $1 per period into a present value, ...
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