Carol Thomas will pay out $16,000 at the end of the year 2, $18,000 at the end

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Carol Thomas will pay out $16,000 at the end of the year 2, $18,000 at the end of year 3, and receive $20,000 at the end of year 4. With an interest rate of 14 percent, what is the net value of the payments vs. receipts in today's dollars?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 07, 2024 06:32 AM

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Carol Thomas will pay out $16,000 at the end of the year 2, $18,000 at the end

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Income Tax Fundamentals 2013

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