Top Posters
Since Sunday
w
5
a
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
y
2
Home Q & A Board Other Fields Homework Help Business
New Topic  
bigexternal bigexternal
wrote...
Go to Answer
Posts: 1279
Rep: 2 0
7 years ago
Jennifer presents a business plan to her bank's loan officer that predicts net cash flows for the first three years of $10,000, $15,000, and $8,000 respectively. If these cash flows occur at the end of each year and the discount rate is 4%, what is the total present value of these cash flows? (Round to the nearest whole dollar)
A) $29,397   
B) $30,596   
C) $35,683   
D) $37,993   
E) $31,114
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
Read 683 times
3 Replies
We're using: Corporate Finance Online (Eakins, McNally)
Replies
Answer verified by a subject expert
BlimpBlimp
wrote...
#1
Posts: 499
Rep: 25 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

Related Topics

bigexternal Author
wrote...
#2
7 years ago
Really appreciate the effort, thank you for responding
We're using: Corporate Finance Online (Eakins, McNally)
wrote...
#3
4 years ago
Thank you
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1734 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 484
  
 352
  
 314
Your Opinion
How often do you eat-out per week?
Votes: 81
Previous poll results: Which of the following is the best resource to supplement your studies: