What is the present value of this investment assuming


What is the present value (PV) of an investment that pays $30,000 every year for 6 years, starting one year from today? Assume that the interest rate is 4% APR, compounded quarterly. What is the present value of this investment, assuming quarterly compounding? (Round your answer to the nearest cent, but do not round intermediate values.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the present value of this investment assuming
Reference No:- TGS02664157

Expected delivery within 24 Hours