Examlex

Solved

Below Is a Table for the Present Value of $1

question 161

Multiple Choice

Below is a table for the present value of $1 at compound interest. Below is a table for the present value of $1 at compound interest.   Below is a table for the present value of an annuity of $1 at compound interest.   Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years, what would be the present value (rounded to the nearest dollar)  of the investment cash inflows, (assuming an earnings rate of 12%) ? A)  $20,352 B)  $3,969 C)  $22,190 D)  $21,259 Below is a table for the present value of an annuity of $1 at compound interest.
Below is a table for the present value of $1 at compound interest.   Below is a table for the present value of an annuity of $1 at compound interest.   Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years, what would be the present value (rounded to the nearest dollar)  of the investment cash inflows, (assuming an earnings rate of 12%) ? A)  $20,352 B)  $3,969 C)  $22,190 D)  $21,259 Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years, what would be the present value (rounded to the nearest dollar) of the investment cash inflows, (assuming an earnings rate of 12%) ?


Definitions:

Related Questions