Question
What is the present value of a future sum of $100,000 to be received in 40 years at an interest rate of 3%? At an
What is the present value of a future sum of $100,000 to be received in 40 years at an interest rate of 3%? At an interest rate of 10%? How much is the difference in value? (difference = $28,446.19)
A. PV 40 years, interest 10%: ______________
B. PV 40 years, interest 3%:_______________
Which one has a higher present value A or B above? ___________ Difference: ________________
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
