A financial company that advertises on television will pay you $60,000 now for annual payments of $10,000 that you are
Posted: Tue Jan 18, 2022 1:00 pm
A financial company that advertises on television will pay you $60,000 now for annual payments of $10,000 that you are expected to receive for a legal settlement over the next 10 years.
a.what is the present value of the annual payments if you estimate the time value of money at 10 percent? round your pva factor to 3 decimal places and final answer to the nearest whole dollar.
a.what is the present value of the annual payments if you estimate the time value of money at 10 percent? round your pva factor to 3 decimal places and final answer to the nearest whole dollar.