Find present value of investment that pays given amount


What is the present value of an investment that pays $80 at the end of each year for 10 years and pays an additional $1,000 at the end of the tenth year if the required rate of return is 7%? 8%? 9%?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Find present value of investment that pays given amount
Reference No:- TGS0556837

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)