A firm will have constant profits of $100,000 per year for the next four years and the interest rate is six percent.Assuming these profits are realized at the end of each year, what is the present value these future profits?
A)$325,816.
B)$376,741.
C)$400,000.
D)$346,511.

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The Answer of A firm will have constant profits of $100,000 per year for the next four years and the interest rate is six percent.Assuming these profits are realized at the end of each year, what is the present value these future profits?
A)$325,816.
B)$376,741.
C)$400,000.
D)$346,511.

A Firm Will Have Constant Profits of $100,000 Per Year