Carol Thomas will pay out $16,000 at the end of the year 2, $18,000 at the end
Fantastic news! We've Found the answer you've been seeking!
Question:
Carol Thomas will pay out $16,000 at the end of the year 2, $18,000 at the end of year 3, and receive $20,000 at the end of year 4. With an interest rate of 14 percent, what is the net value of the payments vs. receipts in today's dollars?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: