Question
Suppose you will receive payments of $5,000, $10,000, and $3,000 in 3, 7, and 9 year(s) from now, respectively. What is the total present value
Suppose you will receive payments of $5,000, $10,000, and $3,000 in 3, 7, and 9 year(s) from now, respectively. What is the total present value of this stream of payments if the interest rate is 7%?
Enter your response below rounded to 2 decimal places.
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Cases In Financial Reporting
Authors: Ellen Engel, D. Eric Hirst, Mary Lea McAnally
7th Edition
1934319791, 9781934319796
