Evaluate investment projects for the capital budget

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Describe the procedures involved in determining the deposits necessary to accumulate a future sum, repay a loan, find interest rates or periods. Evaluate investment projects for the capital budget of a firm through the application of valuation techniques.

Time Value of money

Jesus is offered an investment that could generate $ 15,000 in 5 ½ years. How much should be the maximum that it will have to pay for that investment today assuming a return rate of 8% per year computed quarterly?

Reference no: EM133060312

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