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What is the present value of amount today

Will Smith will receive $80,000 on December 31, 2017 (5 years from now), from a trust fund established by his father. Assuming the appropriate interest rate for discounting is 12% (compounded semiannually), what is the present value of this amount today?

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What is the present value of amount today

Reference No:- TGS0552938

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What is the present value of amount today

Reference No:- TGS0552938

Recent Questions Asked Finance Basics

Q : What changes might you make if you taught this again

Q : Different types of supporting materials

Q : How much will one have at the end of three years

Q : Classical russian films in all genres

Q : What is the present value of amount today

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Q : The capital punishment is legal

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