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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
(Present value tables required) You win the lottery and must decide how to take the payout. Use an 8% discount rate. What is the present value of $15,000 a year received at the end of each of the next six years?
A) $90,000
B) $69,345
C) $74,893
D) $9,450
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
Thanks
shelbycox
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Yesterday
Smart ... Thanks!
acaruso
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2 hours ago
this is exactly what I needed
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