Managerial Finance 476 (II)
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4. How much would you have to invest today to receive:
a. $12,000 in 6 years at 12 percent?
b. $15,000 in 15 years at 8 percent?
c. $5,000 each year for 10 years at 8 percent?
d. $40,000 each year for 40 years at 5 percent?
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a. $12,000 in 6 years at 12 percent?
<br>Future Value=12000, Number of periods =6, ...
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