Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 4 What is the present value of $100,000 at the end of year 5 if the discount rate is 5.5% (discount annually)? 75,135 76,005

QUESTION 4

  1. What is the present value of $100,000 at the end of year 5 if the discount rate is 5.5% (discount annually)?

    75,135

    76,005

    77,183

    76,513

    7,515

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Project Finance

Authors: Felix I. Lessambo

1st Edition

3030963896, 978-3030963897

More Books

Students also viewed these Finance questions

Question

Explaining the reasons for regulation.

Answered: 1 week ago