What is the present value (today) of $8000 deposited at the end of years 3,...
70.2K
Verified Solution
Link Copied!
Question
Accounting
What is the present value (today) of $8000 deposited at the end of years 3, 4, 5, 6, 7 and 8 (a total of 6 deposits) assuming an interest rate of 8.25% p.a.? $31,170.77 2) $31,671.15 3) $31,475.73 4) None of the values in this list are within $10 of the correct answer. 5) $31,322.77
What is the present value (today) of $8000 deposited at the end of years 3, 4, 5, 6, 7
and 8 (a total of 6 deposits) assuming an interest rate of 8.25% p.a.?
$31,170.77
2) $31,671.15
3) $31,475.73
4) None of the values in this list are within $10 of the correct answer.
5) $31,322.77
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.