Make certain payment now how much should you pay now

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Reference no: EM131625256

An investment manager promises to pay you $50,000 after 9 years at an interest rate of 8% per year if you make a certain payment now how much should you pay now? Hint find the present value of $50,000 in this case.

Reference no: EM131625256

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Make certain payment now how much should you pay now : An investment manager promises to pay you $50,000 after 9 years at an interest rate of 8% per year if you make certain payment now how much should you pay now

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