What single investment made today earning 15% annual interes

Reference no: EM13819670

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

Reference no: EM13819670

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