Question
Jonas made an investment of $1500 on 1/1/2014. From this investment, he is scheduled to receive the following payments for the next 5 years. If
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Jonas made an investment of $1500 on 1/1/2014. From this investment, he is scheduled to receive the following payments for the next 5 years. If the discount rate is 10%, what will be the net present value as on 1/1/2014? $200 1/7/2015 $300 2/8/2016 $400 3/9/2017 $500 4/10/2018 $400 5/11/2019
A. $96
B. ($205)
C. $148
D. ($187)
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Enhancing Financial Inclusion Through Islamic Finance Volume II
Authors: Abdelrahman Elzahi Saaid Ali , Khalifa Mohamed Ali , Mohamed Hassan Azrag
1st Edition
3030399389,3030399397
