Using the formula PV = FV / (1+i)n , What is the PV of receiving $500 three years from now if your discount rate is 8%

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Using the formula PV = FV / (1+i)n , What is the PV of receiving $500 three years from now if your discount rate is 8%

Post by answerhappygod »

Using the formula PV = FV / (1+i)n ,
What is the PV of receiving $500 three years from now if your
discount rate is 8% annually?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply