Question #165651

How much would you be willing to pay today for an investment that would return$ 800 each year at the end of each the next 6 years. Ausmus a discount rate of 5 percent

Expert's answer

= pv (5%, 6, -800)


=$4060.55


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS