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Time value of money y,mbil et to accue llougn to pay Tor the thp! BE 6-4 Present value; single amount LO6-32 John has an investment

Time value of money
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y,mbil et to accue llougn to pay Tor the thp! BE 6-4 Present value; single amount LO6-32 John has an investment opportunity that promises to pay him $16,000 in four years. He could earn a 6% annual return investing his money elsewhere. What is the maximum amount he would be willing to invest in this opportunity? Page 339

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