If $8000 is invested in a certain business at the start of the year, the investor will receive $2400 at the end of each of the next four years. What is the present value of this business opportunity if the interest rate is 6% per year?
A) $158.13
B) $316.25
C) $379.50
D) $506.00
Correct Answer:
Verified
Q1: An investment pays you $30,000 at the
Q3: A homeowner in a sunny climate has
Q4: Which of the following investments has a
Q5: The present value (PV) of a stream
Q6: Ally wishes to leave a provision in
Q7: Joe just inherited the family business, and
Q8: If a few intermediate cash flows in
Q9: You are given two choices of investments,
Q10: Consider the following timeline detailing a stream
Q11: Consider the following timeline detailing a stream
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents