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An investment generates $10,000 per year for 25 years. If you can earn 10 percent on other investments, what is the current value of this investment? If its current price is $120,000, should you buy it?

Question ID
524641

Created
April 3, 2011 3:38pm UTC

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0

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https://questions.llc/questions/524641

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1

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418

1 answer

  1. Current value equals $-114,699.21. No because the price is higher than the value.

    Answer ID
    1691983

    Created
    February 19, 2018 2:47am UTC

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