Question: Multiple Choice Question 75 Marigold Corp. will receive $340000 in a future year. If the future receipt is discounted at an interest rate of 12%,

Multiple Choice Question 75 Marigold Corp. will receive $340000 in a future year. If the future receipt is discounted at an interest rate of 12%, its present value is $172254. In how many years is the $340000 received? Click here to view factor tables 7 years O 5 years O 4 years 6 years Click if you would like to Show Work for this question: Open Show Work
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
