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Determine the present value if $15,000 is to be received at the end of eight years and the discount rate is 9 percent. How would your answer change if you had to wait six years …

Determine the present value if $15,000 is to be received at the end of eight years and the discount rate is 9 percent. How would your answer change if you had to wait six years …
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Determine the present value if $15,000 is to be received at the end of eight years and the discount rate is 9 percent. How would your answer change if you had to wait six years to receive the $15,000 ?

asked
User Mohamed Gallah
by
7.7k points

1 Answer

3 votes

Answer: 27,000 if you get the percentage right

Explanation: My teacher told me

answered
User Mathias Begert
by
8.4k points
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