In 20 years, you expect to receive $41,005. What is the present value of this cash flow if the appropriate discount rate is 7.01 percent? O $584,950.07 O $158.973.27 O $10.576.68 O $11.422.90 O None of these options are correct

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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In 20 years, you expect to receive $41,005. What is the present value of this cash flow if the
appropriate discount rate is 7.01 percent?
O $584,950.07
O $158,973.27
O $10.576.68
O $11.422.90
O None of these options are correct
Transcribed Image Text:In 20 years, you expect to receive $41,005. What is the present value of this cash flow if the appropriate discount rate is 7.01 percent? O $584,950.07 O $158,973.27 O $10.576.68 O $11.422.90 O None of these options are correct
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