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You will receive $5,000 three years from now. The discount rate is 12 percent. Use Appendix B. a. What is the value of your investment
You will receive $5,000 three years from now. The discount rate is 12 percent. Use Appendix B. a. What is the value of your investment two years from now? (Round your answer to 2 decimal places.) Value of investment $ b. What is the value of your investment one year from now? (Round your answer to 2 decimal places.) Value of investment $ c. What is the value of your investment today? (Round your answer to 2 decimal places.) Value of investment $
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