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Author Question: Three years from now you will begin receiving annual payments of $7,200. This will continue for 14 ... (Read 29 times)

joblessjake

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Question 1

The present value of $100 received at the end of year 1, $200 received at the end of year 2, and $300 received at the end of year 3, assuming an opportunity cost of 13 percent is (Round to the nearest whole dollar.)
◦ $453.
◦ $416.
◦ $1,181.
◦ $500.

Question 2

Three years from now you will begin receiving annual payments of $7,200. This will continue for 14 years. At a discount rate of 5.8%, what is the present value of this stream of cash flows?
◦ $60,534.84
◦ $57,216.29
◦ $64,045.86
◦ $54,523.00
◦ $51,253.11


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Marked as best answer by joblessjake on Apr 25, 2021

djpooyouma

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joblessjake

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)


irishcancer18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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