An investment manager promises to pay you 50000 after 9


An investment manager promises to pay you $50,000 after 9 years at an interest rate of 8% per year if you make a certain payment now how much should you pay now? Hint find the present value of $50,000 in this case.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: An investment manager promises to pay you 50000 after 9
Reference No:- TGS02420794

Expected delivery within 24 Hours