What is the present value of the following future amount? $488,901 to be received 13 years from
Fantastic news! We've Found the answer you've been seeking!
Question:
What is the present value of the following future amount?
$488,901 to be received 13 years from now, discounted back tothe present at 5 percent, compounded annually?
Round the answer to two decimal places
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
Posted Date: