• 1.You are considering an investment that will pay $17846 in 20 years. If the interest rate is 14.88%, what is the most you should be willing to invest today? (Round to 2 decimal places.) 

  2.A company has purchased an asset for $188341. If they require a return of 12.78%, how much must they sell the asset for in 6 years?(Round to 2 decimal places.)

  3.If you have $548 today and you think you can earn an interest rate of 6% per year, how many years until you have $817?

Answer rating: 100% (QA)

Answer 1 To find the most you should be willing to invest today we can use the present value formula ... View the full answer