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Home Q & A Board Other Fields Homework Help Business Finance
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sjbux sjbux
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4 years ago
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
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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Kailz1218Kailz1218
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4 years ago
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sjbux Author
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4 years ago
Thanks
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