Expected profits over next two years:
Year 1: $105,000
Year 2: $230,000
If the discount rate is 7%, what is the present value of profits at Year 1 and Year 2?
How do I get this answer?
Thanks,
Chad
Year 1: $105,000
Year 2: $230,000
If the discount rate is 7%, what is the present value of profits at Year 1 and Year 2?
How do I get this answer?
Thanks,
Chad