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What is the PV of a future sum if: FV = 15000 # of periods = 12 Interest rate = 5% Compounding times per period
What is the PV of a future sum if:
FV = 15000
# of periods = 12
Interest rate = 5%
Compounding times per period = 12
A: 8427
B: 8162
C: 7995
D: 8242
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds
6th Edition
78110890, 978-0078110894
