Using a discount rate of 9% compounded annually, what is the present value of an investment that pays you $4,000 at the end of year-1; $6,000 at the end of year-2; and $14,608 at the end of year-3?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jan 27, 2023 22.9k views

0 votes

Using a discount rate of 9% compounded annually, what is the present value of an investment that pays you $4,000 at the end of year-1; $6,000 at the end of year-2; and $14,608 at the end of year-3?

Business
high-school

Ian Dunn asked

by Ian Dunn

7.1k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

5 votes

Answer:

$4,872.

Step-by-step explanation:

Eric Miller answered Feb 1, 2023

by Eric Miller

7.6k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

No related questions found

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

No related questions found

Other Questions