Explore BrainMass

Future Value of a Single Payment

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years?

Explain how to apply discounted cash flow techniques to determine the value of money.

© BrainMass Inc. brainmass.com December 20, 2018, 6:01 am ad1c9bdddf


Solution Summary

This solution explains and calculates how to determine the future value of a single payment, as well as how to determine the value of money by applying discounted cash flow techniques.