You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%? a. $1,245.61 Ob. $1,067.95 Oc$1,311.17 Od. $1,124.16 e. $1,183.33

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 11EA: How much would you invest today in order to receive $30,000 in each of the following (for further...
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You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%?
a. $1,245.61
Ob. $1,067.95
Oc$1,311.17
d. $1,124.16
Oe. $1,183.33
Transcribed Image Text:You expect to receive $5,000 in 25 years. How much is it worth today if the discount rate is 5.5%? a. $1,245.61 Ob. $1,067.95 Oc$1,311.17 d. $1,124.16 Oe. $1,183.33
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