Textbook version
PRESENT VALUE OF $1.00 PRESENT VALUE OF A SERIES OF $1.00 CASH FLOWS
Per. 6% 8% 9% 10% 11% 12% 15%   Per. 6% 8% 9% 10% 11% 12% 15%
1 0.9434 .9259 .9174 .9091 .9009 .8929 .8696   1 .9434 .9259 .9174 .9091 .9009 .8929 .8696
2 0.8900 .8573 .8417 .8264 .8116 .7972 .7561   2 1.8334 1.7833 1.7591 1.7355 1.7125 1.6901 1.6257
3 0.8396 .7938 .7722 .7513 .7312 .7118 .6575   3 2.6730 2.5771 2.5313 2.4869 2.4437 2.4018 2.2832
4 0.7921 .7350 .7084 .6830 .6587 .6355 .5718   4 3.4651 3.3121 3.2397 3.1699 3.1024 3.0373 2.8550
5 0.7473 .6806 .6499 .6209 .5935 .5674 .4972   5 4.2124 3.9927 3.8897 3.7908 3.6959 3.6048 3.3522
6 0.7050 .6302 .5963 .5645 .5346 .5066 .4323   6 4.9173 4.6229 4.4859 4.3553 4.2305 4.1114 3.7845
7 0.6651 .5835 .5470 .5132 .4817 .4523 .3759   7 5.5824 5.2064 5.0330 4.8684 4.7122 4.5638 4.1604
8 0.6274 .5403 .5019 .4665 .4339 .4039 .3269   8 6.2098 5.7466 5.5348 5.3349 5.1461 4.9676 4.4873
9 0.5919 .5002 .4604 .4241 .3909 .3606 .2843   9 6.8017 6.2469 5.9952 5.7590 5.5370 5.3282 4.7716
10 0.5584 .4632 .4224 .3855 .3522 .3220 .2472   10 7.3601 6.7101 6.4177 6.1446 5.8892 5.6502 5.0188
11 0.5268 .4289 .3875 .3505 .3173 .2875 .2149   11 7.8869 7.1390 6.8052 6.4951 6.2065 5.9377 5.2337
12 0.4970 .3971 .3555 .3186 .2858 .2567 .1869   12 8.3838 7.5361 7.1607 6.8137 6.4924 6.1944 5.4206
13 0.4688 .3677 .3262 .2897 .2575 .2292 .1625   13 8.8527 7.9038 7.4869 7.1034 6.7499 6.4235 5.5831
14 0.4423 .3405 .2992 .2633 .2320 .2046 .1413   14 9.2950 8.2442 7.7862 7.3667 6.9819 6.6282 5.7245
15 0.4173 .3152 .2745 .2394 .2090 .1827 .1229   15 9.7122 8.5595 8.0607 7.6061 7.1909 6.8109 5.8474
16 0.3936 .2919 .2519 .2176 .1883 .1631 .1069   16 10.1059 8.8514 8.3126 7.8237 7.3792 6.9740 5.9542
17 0.3714 .2703 .2311 .1978 .1696 .1456 .0929   17 10.4773 9.1216 8.5436 8.0216 7.5488 7.1196 6.0472
18 0.3503 .2502 .2120 .1799 .1528 .130 .0808   18 10.8276 9.3719 8.7556 8.2014 7.7016 7.2497 6.1280
19 0.3305 .2317 .1945 .1635 .1377 .1161 .0703   19 11.1581 9.6036 8.9501 8.3649 7.8393 7.3658 6.1982
20 0.3118 .2145 .1784 .1486 .1240 .1037 .0611   20 11.4699 9.8181 9.1285 8.5136 7.9633 7.4694 6.2593