In the Cases & Projects section at the back of Chapter 14 in your textbook, find and complete problem “CP 14-4 Present values.” Be sure to complete all steps and sections of the problem and show all your work. Clearly label your answers, and make sure your response to the pencil icon questions at the end of the problem are in complete sentences. Submit all your documentation for the problem to the dropbox for grading.

GRADING ASSIGNMENT CRITERIA

MAXIMUM POINTS

Demonstrates knowledge and understanding of present values.

50

Shows necessary calculations for present values, and substantive responses to interpretation questions.

40

Mechanics and clarity of work. When applicable, punctuation, sentence structure, spelling and citation of sources.

10

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