An investment pay you $30000 at the end of this year, and $10,000 at the end of
Fantastic news! We've Found the answer you've been seeking!
Question:
An investment pay you $30000 at the end of this year, and $10,000 at the end of each of the four following years. What is the FUTURE value of this investment, (i.e. at the end of fifth year), given that the interest rate is 5% per year?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt , Eugene F. Brigham
Posted Date: