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samualson samualson
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5 years ago
What is the value on 1/1/13 of the following cash flows:

Date Cash ReceivedAmount of Cash
1/1/14$14,000
1/1/15$20,000
1/1/16$30,000
1/1/17$43,000
1/1/18$57,000

Use a 7% discount rate, and round your answer to the nearest $10.
A) $153,270
B) $128,490
C) $112,350
D) $107,330
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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Marc18Marc18
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samualson Author
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#2
5 years ago
Helps a lot... Now I'm ready for my quiz
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#3
A year ago
What is the value on 1/1/13 of the following cash flows:
Date Cash Received Amount of Cash
1/1/14 $14,000
1/1/15 $20,000
1/1/16 $30,000
1/1/17 $43,000
1/1/18 $57,000
Use a 7% discount rate
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