What Is the Present Value of $8,000 to Be Received

question 93

Short Answer

What is the present value of $8,000 to be received at the end of 6-years if the required rate of return is 15%?
Below is a table for the present value of $1 at compound interest.
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Below is a table for the present value of an annuity of $1 at compound interest.

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Definitions:

Added Value

The enhancement a company gives its product or service before offering it to customers, increasing its worth.

Job Satisfaction

The level of contentment employees feel about their work, which can affect their productivity and overall well-being.

Impersonal Communication

Exchange of information that lacks personal connection or emotional involvement, often formal or structured.

One-Way Transmission

A form of communication where information flows in a single direction from sender to receiver without feedback.