Home / Questions / Investment A offers to pay you $4,200 per year for nine years, whereas Investment Y offers
Investment X offers to pay you $4,200 per year for nine years, whereas Investment Y offers to pay you $6,300 per year for five years.
Calculate the present value for Investments A and B if the discount rate is 6 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Calculate the present value for Investments X and Y if the discount rate is 16 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
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Investment X offers to pay you $4,200 per year for nine years, whereas Investment Y offers to pay you $6,300 per year for five years. |
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