Homework Answers
| Discount Factor | Or using formula | Accumulated Investment | ||
| Option 1. | 7%, 3Y | 1.2250 | 54000 x (1+0.07)^3 | 66152.32 |
| Option 2. | 9%, 3Y | 1.2950 | 54000 x (1+0.09)^3 | 69931.56 |
| Option 3. | 11%, 3Y | 1.3676 | 54000 x (1+0.11)^3 | 73852.07 |
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