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How much money would you have to invest

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Reference no: EM132133052

a. How much money would you have to invest today to accumulate ?$3,100 after 4 years if the rate of return on your investment is 15?%?

b. What is the present value of ?$3,100 that you will receive after 4 years if the discount rate is 15?%?

c. What is the most you would spend today for an investment that will pay ?$3,100 4 years if your opportunity cost is 15%??

d. ?Compare, contrast, and discuss your findings in part a through c.

Reference no: EM132133052

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