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
$7,243.68
B
$6,905.14
C
$6,391.72
D
$6,716.95
clep.ai501(c)(3) non-profit • UBI: 606234803 • EIN: 42-2740810clep.ai501(c)(3) non-profit • UBI: 606234803 • EIN: 42-2740810What is the net present value of $8,000 to be received after 3 years if the cost of capital is 6%?
$7,243.68
$6,905.14
$6,391.72
$6,716.95