How much must be invested now to receive $10,000


How much must be invested now to receive $10,000 for 15 years if the first $10,000 is received today and the rate is 9%?
Present Value of
Periods Ordinary Annuity at 9%
14 7.78615
15 8.06069
16 8.31256

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How much must be invested now to receive $10,000
Reference No:- TGS087682

Expected delivery within 24 Hours