Present value (with changing interest rates). marty has been offered an injury settlement of $12 comma 000 payable in 3 years. he wants to know what the present value of the injury settlement is if his opportunity cost is 5%. (the opportunity cost is the interest rate in this problem.) what if the opportunity cost is 6.5%? what if it is 11.5%?
Answers: 3
=10,366.05
=9,934.19
=8,656.79Another question on Business
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Present value (with changing interest rates). marty has been offered an injury settlement of $12 com...
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