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a. What single investment made today earning 15% annual interest will be worth 6,000 at the end of 12 years
b.What is the present value of $6000 to be received at the end of 12 years if the discount rate is 15%
c.What is the most you would pay today for a promise to repay you $6,000 at the end of 12 years if your opportunity cost is 15%
d. Compare and contrast the findings in part a thru c
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The firm had two consultations with this client and required 130 administrative labor hours. What additional costs will be charged to this customer?
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