Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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An investment will pay $19,691 in 19 years. If the interest rate is 12.24%, how much is it worth today? (Round to 2 decimal places.)
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Transcribed Image Text:An investment will pay $19,691 in 19 years. If the interest rate is 12.24%, how much is it worth today? (Round to 2 decimal places.)
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