If $12,000 is invested in a certain business at the start of the year, the investor will receive $3,600 at the end of the next four years. What is the present value of this business opportunity if the interest rate is 7% per year?

Question

If $12,000 is invested in a certain business at the start of the year, the investor will receive $3,600 at the end of the next four years.  What is the present value of this business opportunity if the interest rate is 7% per year?

Crystal · Answer

Fiona Plans To Invest $500 Later Today. She Wants To Know To What Amount Her Investment Will Grow In 20 Years If She Earns 12 Percent Interest Compounded (a0 Annually, (b) Quarterly, And (c) Monthly

Anonymous · Answer

4823.15