Question: Cant figure out this hw question... plesse explain how you got answer thank you so much!! An investor expects to receive $50,000 at the end
Cant figure out this hw question... plesse explain how you got answer thank you so much!!
An investor expects to receive $50,000 at the end of 10 years from today. Requirement 1: What is the present value of the $50,000 payment, assuming a discount rate of 10 percent per year? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Present Value Requirement 2: Which one of the following would increase the present value of the $50,000 payment to be received in 10 years? Change (Click to select)
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