Question: please respond to both, make sure to round up QUESTIONS You expect to receive $121 in 2 years and $266,20 in 3 years. What is
please respond to both, make sure to round up
QUESTIONS You expect to receive $121 in 2 years and $266,20 in 3 years. What is the present value of these two cash flows if the rate of retum on your investments is 123 APR with annual compounding? Your final answer must be rounded to the nearest dollar. QUESTION You expect to receive $121 in 2 years and $266,20 in 3 years. What is the present value of these two cash flows if the rate of retum on your investments is 125 APR with quarterly compounding? Your final answer must be rounded to the nearest dollar
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
