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You are paid to teach classes for the university and wonder how much money the university makes from ...

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You are paid to teach classes for the university and wonder how much money the university makes from ...

You are paid to teach classes for the university and wonder how much money the university makes from your graduate-level classes. Based on historical data, you determine that your summer classes for the next seven years will generate an average annual revenue of $93,850. If you discount these cash flows at an annual rate of 8.30%, what is the present value of the expected cash flows?
A) $523,786.85
B) $483,644.36
C) $845,133.52
D) $656,950.00

Textbook

Financial Management: Core Concepts

Edition: 2^nd

Author: Brooks

Read 636 times

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waspchichester

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More solutions for this book are available here

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stranahan Author

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7 years ago

Thank you for the help. I had a few questions on a few of them and this really confirmed my answers.

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asdsad122

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Devino A.

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hello

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