Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i have two questions 1. $30,000 receivable at the end of each period for 8 periods compounded at 12% what is the present value? (round
i have two questions
1. $30,000 receivable at the end of each period for 8 periods compounded at 12% what is the present value? (round factor values to 5 decimal places)
2. $30,000 payments to be made at the end of each period for 16 periods at 9% what is the present value? (round factor values to 5 decimal places)
thank you!
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started