Phil goode will receive 102000 in 19 years his friends are, Ask an Expert

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Phil Goode will receive $102,000 in 19 years. His friends are very jealous of him. If the funds are discounted back at a rate of 18 percent, what is the present value of his future “pot of gold”? Use Appendix B for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92739531

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