Tuesday
September 2, 2014

Homework Help: Finance

Posted by Carla on Saturday, July 10, 2010 at 8:07pm.

Investment X offers to pay you $6,000 per year for nine years, whereas Investment Y offers to pay you $8,000 per year for six years. If the discount rate is 5 percent, Investment X has a present value of ? and Investment Y has a present value of ?. If the discount rate is 15 percent, Investment X has a present value of ? and Investment Y has a present value of ?

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