An investment on 1st January year 1 has expected receipts of on 31st December of each year of 900 for 4 years. The time value of money is 8%. What is the capital value as at 1 January for year 2? <\/p>
a.2,148 <\/p>
b.1,548 <\/p>
c.1,376 <\/p>
d.1,327<\/p>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting", "isbn": "978-0073526706, 9780073526706", "edition": "12th Edition", "authors": "Ray H. Garrison, Eric W. Noreen, Peter C. Brewer", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/104.jpg", "uri": "\/textbooks\/managerial-accounting-12th-edition-9780073526706", "see_more_uri": "" }, "free_related_book": { "isbn": "1119759315", "uri": "\/textbooks\/wiley-cia-exam-review-2021-complete-set-1st-edition-978-1119759317-332787", "name": "Wiley Cia Exam Review 2021 Complete Set", "edition": "1st Edition" }, "question_posted": "2024-06-06 08:23:08", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/distinguish-between-bustup-lbos-and-buildup-lbos", "description": "Distinguish between bust-up LBOs and build-up LBOs.", "stars": 3 }, { "url": "\/study-help\/introductory-econometrics-modern-\/each-morning-between-630-am-and-800-am-bill-leaves-1352118", "description": "Each morning between 6:30 AM and 8:00 AM Bill leaves the Melbourne suburb of Carnegie to drive to work at the University of Melbourne. 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