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5 percent is the discount rate sorry The future value is $4448.38 What is the present value of $12,250 to be received 3 years from
5 percent is the discount rate sorry
The future value is $4448.38 What is the present value of $12,250 to be received 3 years from today if the discount rate is percent? A. $10,582.01 B. $10,502.40 C. $11,111.11 D. $7,350.00 E. $10.068.61 4. You need to have 30,000 for a down payment on a house in 6 years. If you can earn an annual interest rate of 3.6 percent, how much wi Il you have to Deposit today? A) $20,331 24 B) 523,573.11 C) $24264 02 The future value is $4448.38 What is the present value of $12,250 to be received 3 years from today if the discount rate is 5 percent? A. $10,582.01 B. $10.502.40 C. $11,111.11 D. $7,350.00 E. $10,068.61 Step by Step Solution
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