What's the present value of a $ 1 , 0 0 0 annuity payment over four years

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Question:

What's the present value of a $

1, 000

annuity payment over four years if interest rates are

8

percent?

Note: Do not round intermediate calculations and round your final answer to

2

decimal places.

Related Book For answer-question

Corporate Finance A Focused Approach

ISBN: 978-1305637108

6th edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Posted Date: Mar 18, 2024 06:52 AM

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What's the present value of a $ 1 , 0 0 0 annuity payment over four years

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Corporate Finance A Focused Approach

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