4 years ago (in 2019) you received a cash flow of $800 when the interest rate was 6%. You will receive an additional $240 next year. From 2019-2021 the interest rate was 6%, but in 2022 was increased to 8% where you expect it to stay. What are these cash flows worth today? $1.345.12 $1,141.28 $1.292.74 $1,270.68

4 years ago (in 2019) you received a cash flow of $800 when the interest rate was 6%. You will receive an additional $240 next year. From 2019-2021 the interest rate was 6%, but in 2022 was increased to 8% where you expect it to stay. What are these cash flows worth today? $1.345.12 $1,141.28 $1.292.74 $1,270.68

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 8EB: You put $600 in the bank for 3 years at 15%. A. If Interest Is added at the end of the year, how...

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