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stranahan stranahan
wrote...
Posts: 3324
7 years ago
Which of the following is greater (answers rounded to the nearest cent)?
A) A future value of $331.00 three years from today, given an interest rate of 10% per year
B) A present value of $248.69
C) An ordinary annuity of $100.00 per year for three years discounted at 10% per year
D) You would be indifferent to the three choices since they all have the same present value when using an interest rate of 10% per year.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
Read 684 times
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waspchichesterwaspchichester
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Posts: 253
7 years ago
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stranahan Author
wrote...
7 years ago
Thank you very much for this. It's really helpful.
wrote...
4 years ago
Thank you so much!
wrote...
4 years ago
thank you!
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