Ahmad is likely to receive $30,000 in three years. Once the cashflow is received, he will invest

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Ahmad is likely to receive $30,000 in three years. Once the cashflow is received, he will invest it for seven more years at 5.5% per year. How much will he have at the end of this time? What would be an equivalent Present Value?

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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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Posted Date: Jan 30, 2024 05:09 AM

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Ahmad is likely to receive $30,000 in three years. Once the cashflow is received, he will invest

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Solution To calculate the future value of the cash flow we can use the fo... View the full answer

Auditing a business risk appraoch

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