Whats the present value of 1000 discounted back 5 years if


What's the present value of $10,00 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly?

a) $8506.28

b) $8150.51

c) $7413.72

d) $7090.49

e) $799.20

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Whats the present value of 1000 discounted back 5 years if
Reference No:- TGS02305761

Expected delivery within 24 Hours