A list of last 3 transactions of a businessman is as follows:
a. $1000 deposited 3 years ago (positive);
b. $2000 to be paid 2 years from now;
c. $ 3000 to be received 3 years from now.
The money is currently valued at 13% annual interest. Determine the following:
1. The present worth of each transaction.
2. The current Net Present Value/worth (NPV) of the businessman assuming no interest has been paid or withdrawn.