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pearcamel156Lv1
28 Sep 2019
You have just purchased an investment that generates the following cash flows for the next four years. You are able to reinvest these cash flows at 10.6 percent, compounded annually.
End of year
1. $1,567
2. $1,222
3. $1,730
4. $319
What is the present value of this investment if 10.6 percent per year is the appropriate discount rate?
Round the answer to two decimal places.
You have just purchased an investment that generates the following cash flows for the next four years. You are able to reinvest these cash flows at 10.6 percent, compounded annually.
End of year
1. $1,567
2. $1,222
3. $1,730
4. $319
What is the present value of this investment if 10.6 percent per year is the appropriate discount rate?
Round the answer to two decimal places.
dcht24111997Lv10
16 Apr 2023
Lelia LubowitzLv2
28 Sep 2019
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