Answer to Question #178148 in Accounting for usman

Question #178148

Khalid recently invested $80,000 of your savings in a security issued by a large company. The security agreement pays you 12% per year and has a maturity 3years from the day you purchased it. What is the total cash flow Khalid expect to receive from this investment after 3 years?

Expert's answer

The total cash flow Khalid expect to receive from this investment after 3 years is CF = 80,000×0.12×3 = $28,800.

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