Your uncle offers you a choice of $115,000 in 10 years or $54,000 today. Use Appendix B as an approximate answer, but calculate

Question

2 years ago

9

Your uncle offers you a choice of $115,000 in 10 years or $54,000 today. Use Appendix B as an approximate answer, but calculate

your final answer using the formula and financial calculator methods. a-1. If money is discounted at 11 percent, what is the present value of the $115,000? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Mathematics

1 answer:

juin [17] · Answer 1 · 2022-09-20T12:09:09+03:00

juin [17]2 years ago

5 0

Answer:

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Step-by-step explanation:

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