- Find the present value of $985, invested for 15 years at 6.125% compound interest, compounded quarterly.
- What is the present value of $800 to be received 8 years from now discounted back to the present at 11 percent?
- What is the present value of $1,250 to be received 4 years from now and discounted back to the present at 18%?
- What is the present value of $200 to be received 7 years from now discounted back to the present at 7 percent?
- Altima plans to invest money today at an interest rate of 3% compounded annually to have $60,000 available for the purchase of a car 6 years from now. How much does the firm need to invest today?
- Which of the following is a capital budgeting method? a. net present value b. return on assets c. inventory turnover d. return on equity