btopol7291 btopol7291
  • 30-06-2021
  • Business
contestada

TA Corp. has a consulting contract with a firm that states that he will receive annual payments of $50,000 a year for five years with the first payment due today. What is the current value of this contract if the discount rate is 8.4 percent?

Respuesta :

paul1949
paul1949 paul1949
  • 30-06-2021

Answer:

the discount us 4200

50000/100 ×8.4=4200

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