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Accounting & Finance
 Online Tutoring : Forum : Homework Help - Economics & Business Studies : Accounting & Finance
Topic Topic: present value and break even interest Post ReplyNew Question
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Joined: 24 September 2007
Location: United States
Posts: 1
Posted: 24 September 2007 at 10:05am | IP Logged Quote Aew1234

A firm has a contract to see an asset for 115,000 in three years the asset costs 7200 to produce today. Given a relevant discount rate of 13 percent per year will the firm make a profit? at what rate do they break even?
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