# Finance

posted by
**Finance**
.

An investment offers an expected dollar return of $800 each year for years 1 through 5. If the interest rate is 12%, what is the present value of this investment?

posted by
**Finance**
.

An investment offers an expected dollar return of $800 each year for years 1 through 5. If the interest rate is 12%, what is the present value of this investment?