Question
investment X offers to pay you $4,900 per year for nine years, whereas Investment Y offers to pay you $6,500 per year for six years.
investment X offers to pay you $4,900 per year for nine years, whereas Investment Y offers to pay you $6,500 per year for six years. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.)
Calculate the present value for Investment X and Y if the discount rate is 4%.
Present value
Investment X$ ??
Investment Y$ ??
Calculate the present value for Investment X and Y if the discount rate is 14%.
Present value
Investment X$ ??
Investment Y$ ??
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
6th edition
1292063467, 978-1292063461
