Question
What is the present value of $14,000 received: (a) 12 years from today when the interest rate is 4% per year. $__________. (Round to the
What is the present value of $14,000 received:
(a) 12 years from today when the interest rate is 4% per year. $__________. (Round to the nearest dollar.)
(b) 20 years from today when the interest rate is 5% per year. $__________. (Round to the nearest dollar.)
(c) 6 years from today when the interest rate is 2% per year. $__________. (Round to the nearest dollar.)
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The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies In The Global Capital Markets
Authors: Greg Gregoriou, Christian Hoppe, Carsten Wehn
1st Edition
0071663703, 978-0071663700
