Top Posters
Since Sunday
17
s
5
j
4
s
4
C
3
W
3
a
3
H
3
s
3
a
3
o
3
K
3
New Topic  
samualson samualson
wrote...
Posts: 2459
4 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


Edition: 9th
Authors:
Read 139 times
3 Replies
Replies
Answer verified by a subject expert
Marc18Marc18
wrote...
Top Poster
Posts: 1080
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
 B
 
1

Related Topics

samualson Author
wrote...
4 years ago
Helps a lot... Now I'm ready for my quiz
wrote...
3 months 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
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  77 People Browsing
 303 Signed Up Today
Related Images
  
 891
  
 150
  
 79
Your Opinion