What is the value on 1/1/13 of the following cash flows:
Date Cash Received Amount of Cash
1/1/14 $14,000
1/1/15 $20,000
1/1/16 $30,000
1/1/17 $43,000
1/1/18 $57,000
Use a 7% discount rate, and round your answer to the nearest $10.
A) $112,350 B) $128,490 C) $107,330 D) $153,270
B
You might also like to view...
Definitions of communication vary based upon an indication of success or accuracy. Which difference in definitions is the focus of this description?
A. level of observation B. intentionality C. denotative D. normative judgment
Brand ________ is the added value endowed to products and services
A) loyalty B) equity C) preference D) identity E) licensing
Which of the following is the first step in the personal selling process?
A) handling objections B) follow-up C) presentation and demonstration D) preapproach E) prospecting and qualifying
A basic benefits package that is typically offered to employees usually includes life and health insurance, sick leave, and vacation.
Answer the following statement true (T) or false (F)