Seamus finnigan has the opportunity to receive 18000 now or


Seamus Finnigan has the opportunity to receive $18,000 now or $25,000 in 4 years. If Seamus can earn 5 percent on his investments, what is the present value of the $25,000 payment (rounded to the nearest dollar)?

$21,879

$30,389

$25,000

$14,809

$20,568

$18,000

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Seamus finnigan has the opportunity to receive 18000 now or
Reference No:- TGS01254303

Expected delivery within 24 Hours