Question
Assuming an interest rate of 12% compounded semi-annually, what is the present value of a $50,000 cash flow that will occur four years from now?
Assuming an interest rate of 12% compounded semi-annually, what is the present value of a $50,000 cash flow that will occur four years from now? Use the time value of money factors below to answer this question.
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| Future Value of a Lump-Sum |
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| Rate of interest per period in percent | |||||||||
| Periods |
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Government Auditing Standards 2011 Revision
Authors: U. S. Government Accountability Office, Comptroller General Of The United States
1st Edition
1482311372, 978-1482311372
