daisyrebel daisyrebel

21-02-2021
Mathematics

contestada

A wealthy man just died and left his pet dogs the following estate: $20,000 per year for the next 11 years with the first cash flow today. At a discount rate of 4.2%, what is the doggy estate worth in today's dollars?

Respuesta :

smcmanu1 smcmanu1

22-02-2021

$20,000x4.2%=19,160.00

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