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Please use FORMULA and how to work it through financial calculator if possible. thanks An investor has an opportunity to purchase an investment that will
Please use FORMULA and how to work it through financial calculator if possible. thanks
An investor has an opportunity to purchase an investment that will provide $11,000 at the end of three years, and $50,000 at the end of five years. If the property is expected to be sold at the end of the sixth year for $100,000 and the investor requires a 12% rate of return, what amount should he or she pay for the investment today? $161,000 $50, 663 $81, 568 $86, 864
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