What is the net value of the payments vs. receipts in today

Reference no: EM13290127

Carol Thomas will pay out $19,000 at the end of the year 2, $21,000 at the end of year 3, and receive $23,000 at the end of year 4. With an interest rate of 12 percent, what is the net value of the payments vs. receipts in today's dollars?

Reference no: EM13290127

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