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Title: A bank lends some money to a business. The business will pay the bank a single payment of $180,000 ...
Post by: sjbux on Jul 7, 2019
A bank lends some money to a business. The business will pay the bank a single payment of $180,000 in ten years time. How much greater is the present value (PV) of this payment if the interest rate is 9% rather than 8%?

▸ $76,033

▸ $83,374

▸ $7341

▸ $35,892


Title: A bank lends some money to a business. The business will pay the bank a single payment of $180,000 ...
Post by: Kailz1218 on Jul 7, 2019
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Title: A bank lends some money to a business. The business will pay the bank a single payment of $180,000 ...
Post by: sjbux on Jul 7, 2019
Thanks