What is the most should pay for an investment that will give me $300,000 10 years from now if my cost of capital is 8%?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 14EA: How much must be invested now to receive $30,000 for 10 years if the first $30.000 is received one...
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What is the most should pay for an investment that will give me $300,000 10 years from now if my cost of capital is 8%?

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