Ask Question
13 July, 11:23

Cash of $12,000 will be received in year 6. Assuming an opportunity cost of capital of 7.2%, which of the following is true? The future value is $18,212 The present value is $7,996 The present value is $7,907 Provide data for tax purposes None of the above

+5
Answers (1)
  1. 13 July, 11:53
    0
    The present value is $7,907

    Explanation:

    12000 (1+0.072) ^-6=7907 (round up)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Cash of $12,000 will be received in year 6. Assuming an opportunity cost of capital of 7.2%, which of the following is true? The future ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers