what is the value in year 9 of a $1500 cash flow made in year 5...

Question

Question

what is the value in year 9 of a $1500 cash flow made in year 5 if interest rates are 8 percent

business finance

Answer 1

Answer #1

The value in year 9 of a $1500 cash flow made in year 5 if interest rates are 8 percent is computed as follows:

= $ 1500 x 1.08⁴

= $ 204.07 Approximately

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Answer 2

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