Question: I need help with getting the correct answer with explaining, please. If the cost of capital is 12%, what is the present value of $39,000
I need help with getting the correct answer with explaining, please.
If the cost of capital is 12%, what is the present value of $39,000 paid one year from today, $54,000 paid two years from today, and $49,000 paid three years from today? Answer Format: Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46
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