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1.You are considering an investment that will pay $17846 in 20 years. If the interest rate is 14.88%, what is the most you should be

  • 1.You are considering an investment that will pay $17846 in 20 years. If the interest rate is 14.88%, what is the most you should be willing to invest today? (Round to 2 decimal places.) 

    2.A company has purchased an asset for $188341. If they require a return of 12.78%, how much must they sell the asset for in 6 years?(Round to 2 decimal places.)

    3.If you have $548 today and you think you can earn an interest rate of 6% per year, how many years until you have $817?

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Answer 1 To find the most you should be willing to invest today we can use the present value formula ... blur-text-image

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