You have been offered the opportunity to invest in a ventureâ that will pay $5033 per year at the end of years one through three and $8185 per year at the end of years four and five.
Published on January 2018 | Categories: Government & Politics | Downloads: 85 | Comments: 0 | Views: 254
You have been offered the opportunity to invest in a ventureâ that will pay $5033 per year at the end of years one through three and $8185 per year at the end of years four and five. These cash flows will be placed in a savings account that will pay 15.62 percent per year. What is the future value of this cash flow pattern at the end of year five?
Round the answer to two decimal places.
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You have been offered the opportunity to invest in a ventureâ that will pay $5033 per year at the end of years one through three and $8185 per year at the end of years four and five. These cash flows will be placed in a savings account that will pay 15.62 percent per year. What is the future value of this cash flow pattern at the end of year five?
Round the answer to two decimal places.