a. What is the present value of $140,000 to be received after 30 years with a 14

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a. What is the present value of $140,000 to be received after 30 years with a 14 percent discount rate?
b. Would the present value of the funds in part a be enough to buy a $2,900 concert ticket?

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Question Posted: Oct 14, 2014 06:46 AM

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a. What is the present value of $140,000 to be received after 30 years with a 14

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a N IY PV PMT FV 30 14 CPT PV 274778 ...View the full answer

Foundations of Financial Management

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