Approximately, what is the value of (P) ifF=9560, n=3 years, and i= 3.5% per year?Select one:O a. 11555O b. 8623O c. 7158O d. 10348

Present value can be calculated using interest rate and period required.

Answered: a. 11555 p. 8623 C. 7158 1. 10348

Business

Finance

a. 11555 p. 8623 C. 7158 1. 10348

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 9EB: If you invest $15,000 today, how much will you have in (for further instructions on future value in...

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Approximately, what is the value of (P) if
F=9560, n=3 years, and i= 3.5% per year?
Select one:
O a. 11555
O b. 8623
O c. 7158
O d. 10348

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