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Derek has the opportunity to buy a money machine today. the money machine will pay derek $44,226.00 exactly 12.00 years from today. assuming that derek believes the appropriate …

Derek has the opportunity to buy a money machine today. the money machine will pay derek $44,226.00 exactly 12.00 years from today. assuming that derek believes the appropriate …
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5 votes
derek has the opportunity to buy a money machine today. the money machine will pay derek $44,226.00 exactly 12.00 years from today. assuming that derek believes the appropriate discount rate is 7.00%, how much is he willing to pay for this money machine

asked
User Trouselife
by
7.3k points

1 Answer

7 votes

Answer:

derek will expect to pay 41130.18 in 12 years

Step-by-step explanation:

cuz im smart

answered
User Daniel Laurindo
by
8.0k points
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