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You have an opportunity to make an investment that promises to pay ​$13000 in 4 years. If investments of similar risk yi

Posted: Wed Jul 06, 2022 6:41 pm
by answerhappygod
You have an opportunity to make an investment that promises topay ​$13000 in 4 years. If investments of similar risk yield ​4.0%,what should you be willing to pay for this investment​ today?
You should be willing to pay ?
​(Round the final answer to two decimal places. Enter the answerwithout symbols​ (ie. if the answer is​ $1.35 enter 1.35in the answer​ box)