You expect to receive $10,800 one year from now, $17,400 two years from now, nothing at the
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You expect to receive $10,800 one year from now, $17,400 two years from now, nothing at the end of the third year, and $24,000 four years from now. If you discount all of your cash flows at 7%, then with annual compounding, what are these future cash amounts worth to you in total today?
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10800 1 0713 12056 17400 1 0723 19848 24000 1 0743 25712 111963 The answe...View the full answer
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