Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
sjbux sjbux
wrote...
Go to Answer
Posts: 419
Rep: 1 0
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:
Read 118 times
2 Replies
Replies
Answer verified by a subject expert
Kailz1218Kailz1218
wrote...
#1
Posts: 416
Rep: 51 0
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

sjbux Author
wrote...
#2
4 years ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1186 People Browsing
 116 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 275
  
 69
  
 658
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Which country would you like to visit for its food?