An investment will pay $20,900 at the end of next year for an investment of $20,000 at the start of the year. If the bank offers an interest of 2.5% over the same period. What is the next value of the decision to proceed with the investment in terms of dollars today?

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Vijayalakshmiusha94idn Vijayalakshmiusha94idn

03-12-2022
Business

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An investment will pay $20,900 at the end of next year for an investment of $20,000 at the start of the year. If the bank offers an interest of 2.5% over the same period. What is the next value of the decision to proceed with the investment in terms of dollars today?

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