An investment pays you $30,000 at the end of this year, and $15,000...
60.1K
Verified Solution
Link Copied!
Question
Accounting
An investment pays you
$30,000 at the end of this year, and
$15,000 at the end of each of the four following years. What is the present value (PV) of this investment, given that the interest rate is
3% per yea.
$66,607\ .
$83,259.
$41,630.
$99,911 
An investment pays you $30,000 at the end of this year, and $15,000 at the end of each of the four following years. What is the present value (PV) of this investment, given that the interest rate is 3% per year? A. $66,507 B. $83,259 C. $41,630 D. $99,911
An investment pays you
$30,000at the end of this year, and
$15,000at the end of each of the four following years. What is the present value (PV) of this investment, given that the interest rate is
3%per yea.
$66,607\ .
$83,259.
$41,630.
$99,911 
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.