Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for four years, she will receive a bonus of $5,000. With an annual discount rate of 7%, calculate the value today of...


Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for four years, she will receive a bonus of $5,000.



With an annual discount rate of 7%, calculate the value today of receiving $5,000 in four years. (FV of $1, PV of $1, FVA of $1, and PVA of $1)(Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.)






Jun 10, 2022
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