Wednesday
July 23, 2014

Homework Help: Help!!

Posted by Kim on Sunday, March 11, 2007 at 3:47pm.

A train company has signed a contract to deliver a new fuel driven train 3 years from now. The price they will receive at the end of 3 years is $20 million. If the firm's cost of capital is 6%, what is the present value of this payment?

A train company has signed a contract to deliver a new fuel driven train 3 years from now. The price they will receive at the end of 3 years is $20 million. If the firm's cost of capital is 6%, what is the present value of this payment?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math Help Please!!! - A couple purchased a house and signed a mortgage contract ...
Math - Train A and train B leave station going in opposite directions. Train B ...
Math-word problem - A new train goes 20% further in 20% less time than an old ...
Math - I have figured the equation for this word problem Train A is traveling ...
Algebra (math) - The equation y=-1777x+27,152 can be used to predict the number ...
Algebra (math) - The equation y=-1777x+27,152 can be used to predict the number ...
Algebra (math) - 1. The equation y=-1777x+27,152 can be used to predict the ...
math algebra (plz help ty) - The equation y=-1777x+27,152 can be used to predict...
science mom needs help - a person stadning near a railroad track sees a train ...
algebra - tains A and train B are travling in the same dicrtion on a parral ...

Search
Members