An investment will pay $1,000 per year for 20 years. However, the first payment will not be paid for exactly 9 years. If
Posted: Sun Jul 03, 2022 12:53 pm
An investment will pay $1,000 per year for 20 years. However, the first payment will not be paid for exactly 9 years. If your personal discount rate is 8%, how much can you pay for this investment today? (Round to the nearest dollar) $4,211 $4,548 $3,785 $5,304 $4,912