Accountancy, asked by rakhi00667, 1 month ago

Suppose you were to receive $1,000 at the end of 10 years. If your opportunity rate is 10 percent, what is the present value of this amount if interest is compounded (a) annually? (b) quarterly?

Answers

Answered by umang75

0

Answer:

a) 1000*10/100=100+1000=11000

b) 1000*(10*12/100)=1000*12=12000

Explanation:

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