Calculating Net Present Value
What is the net present value of $8,000 to be received after 3 years if the cost of capital is 6%?
A
$6,905.14
B
$6,391.72
C
$7,243.68
D
$6,716.95
What is the net present value of $8,000 to be received after 3 years if the cost of capital is 6%?
$6,905.14
$6,391.72
$7,243.68
$6,716.95