Question
At what periodic interest rate is is $5,000 cash disbursement occurring today equivalent to a cash receipt of $7,605.30 occurring 5 years from now? The
At what periodic interest rate is is $5,000 cash disbursement occurring today equivalent to a cash receipt of $7,605.30 occurring 5 years from now? The periodic interest rate is compounded annually.
| 8.75% |
| .0875% |
| 7.5% |
| 7.87% |
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Audit And Management Of The Company
Authors: Trésor Ilunga KAMPELA, Bernard KAYIMBW MANETA
1st Edition
6205405253, 978-6205405253
