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    question of present value

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    How much money could Tesla Inc. a maker of superconducting magnetic energy storage systems, afford to spend now on new equipment in lieu of spending $85,000 five years from now, if the company's rate of return is 18% per year.

    © BrainMass Inc. brainmass.com October 10, 2019, 1:38 am ad1c9bdddf
    https://brainmass.com/economics/macroeconomics/present-value-engineering-economy-342441

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    This is a simple question of present value of $85000 given an ...

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    A question of present value is dissected.

    $2.19