Solved

If $10,000 Is Invested in a Certain Business at the Start

Question 52

Multiple Choice

If $10,000 is invested in a certain business at the start of the year,the investor will receive $3000 at the end of each of the next four years.What is the net present value (NPV) of this business opportunity if the interest rate is 7% per year?


A) $148.53
B) $161.63
C) $172.45
D) $178.88
E) $183.43

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: Use the table for the question(s) below.<br>

Q47: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6725/.jpg" alt=" What is the

Q48: Can we apply the growth perpetuity equation

Q50: Faisal has $15,000 in his savings account

Q51: How long will it take $50,000 placed

Q53: You are saving money to buy a

Q54: Micha offers to pay an investor of

Q55: A perpetuity will pay $1000 per year,starting

Q56: Jessica deposits her $2,500 bonus cheque into

Q57: A growing perpetuity' with a first payment