Ask Question
27 June, 07:25

7 determine the present value if $15,000 is to be received at the end of eight years and the discount rate is 9 percent. how would your answer change if you had to wait six years to receive the $15,000?

+3
Answers (1)
  1. 27 June, 11:05
    0
    PW = 15000*1.09^-8 = $7527.99

    PW = 15000*1.09^-6 = $8944.01
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “7 determine the present value if $15,000 is to be received at the end of eight years and the discount rate is 9 percent. how would your ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers