A caller informs you that it will take a $70,000 down payment and the investelemt will return $10,000 a year for the next 10 years. He tells you that you that the investment will return 14 percent. If current interest rates are 8 percent, what is the present value of this investment?

Question

A caller informs you that it will take a $70,000 down payment and the investelemt will return $10,000 a year for the next 10 years.  He tells you that you that the investment will return 14 percent.  If current interest rates are 8 percent, what is the present value of this investment?

Ms. Sue · Answer

0 This is a scam. Nobody can be sure what the future holds.