If someone offered to pay you $8,500 five years from now and the opportunity cost of capital
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Question:
If someone offered to pay you $8,500 five years from now and the opportunity cost of capital is 4.0%, how much is that $8,500 worth to you today? Record requested information / answers in the space provided.
Record answers below | |
a) Future value or present value? | |
b) Lump sum or annuity? | |
c) Interest rate (i)? | |
d) Conversion periods (n)? | |
e) Payment (PMT)? | |
f) Calculated value (answer) |
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