A three-year investment project makes an annual 3.33% payment on the investment of $1,000,000. If the current discount is 4% annually, calculate the value of the investment project.

B) You have saved €3,333. How long does it take to triple your money at an interest rate of 3.33%?

Answer rating: 100% (QA)

A To calculate the value of the investment project we need to determine the present value of the cas... View the full answer