a. What single investment made today, earning 10 % annual interest, will be worth 10,000 TL at the end of 3 years ? b. What is the present value of 10,000 TL to be received at the end of 3 years if ww wwm. the discount rate is 20 % ?

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 23E: Assume that an investment of 100,000 produces a net cash flow of 60,000 per year for two years. The...
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a. What single investment made today, earning 10 % annual interest, will be
worth 10,000 TL at the end of 3 years ?
b. What is the present value of 10,000 TL to be received at the end of 3 years if
the discount rate is 20 % ?
mwww
ww w ww m
Transcribed Image Text:a. What single investment made today, earning 10 % annual interest, will be worth 10,000 TL at the end of 3 years ? b. What is the present value of 10,000 TL to be received at the end of 3 years if the discount rate is 20 % ? mwww ww w ww m
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