What is the present value of four equal payments of 1000


What is the present value of four equal payments of $1,000 received in year 1, 2, 3, and 4 respectively? Use a 5% discount rate.

Solution Preview :

Prepared by a verified Expert
Business Management: What is the present value of four equal payments of 1000
Reference No:- TGS02645550

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)