Question
Investment End of Year A B C 9 123456781 $15,000 $20,000 15,000 15,000 15,000 15,000 $115.000 15,000 60,000 15,000 15.000 15,000 10 15.000 20,000
Investment End of Year A B C 9 123456781 $15,000 $20,000 15,000 15,000 15,000 15,000 $115.000 15,000 60,000 15,000 15.000 15,000 10 15.000 20,000 (Click on the icon in order to copy its contents into a spreadsheet) Assuming an annual discount rate of 20 percent, find the present value of each investment. a. What is the present value of investment A at an annual discount rate of 20 percent? $ 44859.18 (Round to the nearest cent.) b. What is the present value of investment B at an annual discount rate of 20 percent? (Round to the nearest cent.)
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Foundations Of Finance
Authors: Arthur Keown, John Martin, J. Petty
10th Global Edition
1292318732, 978-1292318738
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