What is the present value of a lump sum, $308,000 in 12 years if the interest rate

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What is the present value of a lump sum, $308,000 in 12 years if the interest rate (discount rate) is 10.0 percent annually? (Round your answer to 2 decimal places. (e.g., 123,345.16))

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Posted Date: Sep 09, 2020 10:35 PM

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What is the present value of a lump sum, $308,000 in 12 years if the interest rate

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Amount in12Yparof intrest 12 Ypar o... View the full answer

Finance Applications and Theory

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