ECSENOMICS Present Value of an Asset 1-101 Figure 14-3 100 c80 Interest discount 60 弓40 Present value 20 0 5 10 15 20 Years from now McGraw-Hilllrwin CopyrightC 2001 The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. Present Value of an Asset T-101 Figure 14-3