Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Rken Rken
wrote...
Go to Answer
Posts: 403
Rep: 3 0
6 years ago
Tomʹs Donuts can invest in a new espresso machine that costs $300 and will yield expected profits of $200 each year for two years. What is the present discounted value of the expected profits from this investment if the interest rate is 5%?
A) $185.93
B) $276.64
C) $371.89
D) $380.96
Read 69 times
2 Replies
Replies
Answer verified by a subject expert
Akshtsaklani21Akshtsaklani21
wrote...
#1
Top Poster
Posts: 604
Rep: 14 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Rken Author
wrote...
#2
6 years ago
TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1271 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 4432
  
 1259
  
 804
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145
Previous poll results: Do you believe in global warming?