What is the present value of $5,000 that will be paid to you eight years from today
Question:
What is the present value of $5,000 that will be paid to you eight years from today at 8% interest?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
Solution Multiplying the principal amount times 1 th...View the full answer
Answered By
Tarique Anwar Khan
I am teaching in an engineering college from last 7 years.
I was in Shivneri polytechnic Junnar from 2013 to 2014. then i have joined to MMANTC, Malegaon as an assistant professor in department of mechanical engineering in 2014 and currently working there.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. Suppose someone offered you your choice of two equally risky annuities, each paying $5,000 per year for 5 years. One is an annuity due, while the other is a regular (or deferred) annuity. If you...
-
1. Joshua Vermier of Sacramento, California, received a raise after his first year on the job to $43,800 from his initial salary of $42,000. What was Joshuas raise stated as a percentage? Inflation...
-
Multiple Choice Questions Items 1 through 4 require use of present value tables. The following are the present value factors of $1 discounted at 8% for one to five periods. Each item is based on 8%...
-
A process is controlled with a fraction nonconforming control chart with three-sigma limits, n = 100, UCL = 0.161, center line = 0.080, and LCL = 0. (a) Find the equivalent control chart for the...
-
Verify the claims made in parts (d), (e), and (f) of Table 11.2.10that is, prove that the transformations cited will linearize the original models.
-
Preparing a statement of cash flows The following information can be obtained by examining a company's balance sheet and income statement information. a. Decreases in noncash current asset account...
-
Using the cash accounting basis, when are revenues and expenses recognized?
-
Mt. Palomar Manufacturing Co. uses a process cost system. Its manufacturing operation is carried on in two departments: Machining and Finishing. The Machining Department uses the weighted average...
-
In a two-sample, one-tailed, independent t-test with a Power level of .90, effect size of .5, and an alpha level of .05, the total sample size needed for credibility and believability would be
-
On January 31, 2018, The Hershey Company acquired Amplify Snack Brands, Inc., its largest business acquisition to date. Access Hersheys 2018 financial statements and media reports near the time of...
-
If a savings account pays interest on a quarterly basis and you are performing future value calculations on deposited amounts, how can you calculate the rate?
-
If compounding periods increase in frequency and all else remains the same, the dollar values of any resulting future value calculations will _______________. a. Increase b. Remain the same c....
-
Determine whether u and v are orthogonal. 1. u = (3, 15), v = (-1, 5) 2. u = (30, 12), v = (1/2, -5/4) 3. u = 2i - 2j, v = -i - j
-
On January 1 , 2 0 2 3 Parent held merchandise acquired from Subsidiary for $ 4 0 , 0 0 0 . During 2 0 1 3 Subsidiary sold merchandise to Parent for $ 1 2 0 , 0 0 0 , of which Parent holds $ 2 0 , 0...
-
[s/m] e 0 Acceleration versus Time a1 a2 a3 -1 0 1 2 3 time [s] a2 4 a1 5 = 0, 0 Suppose an object moves in one dimension, starting from rest at time t 6 [The acceleration values ... 0.70 m/s^2; 1.55...
-
The daily requirements for highway patrol officers in Bulloch County over the week are given below: Day Requirement 10 1 2 13 14 15 16 17 18 19 20 21 22 Officer 1 2 3 4 5 6 7 8 9 10 11 Capacity...
-
Q2. Show that tan-1/2+tan-12/11 = tan-13/4. 18 0 2 -21 Q3. If A=4 -2 and B = 4 2 then find the value of X, where 2A + 3x = = 5B. 3 -5 1
-
11. A cell of emf 'E' is connected a resistance R. The potential difference between the terminals of the cell is found to be V. The internal resistance of the cell must be : 2(E-V)v 2(E-V)R (1) (2) R...
-
Donna Jamison, a 2007 graduate of the University of Florida with 4 years of banking experience, was recently brought in as assistant to the chairperson of the board of D'Leon Inc., a small food...
-
In Problems 1522, find the principal needed now to get each amount; that is, find the present value. To get $750 after 2 years at 2.5% compounded quarterly.
-
On January 2, 2012, a Sunny Communications $1,000 face value, six-year bond sold for $889. Investors who bought this particular bond will be paid interest equal to $40 every six months. Market...
-
Using the information provided in 10-33, compute the value of the bond on January 2, 2013, assuming interest rates do not change. What return would investors earn in 2012? What would be the capital...
-
In January 2011, the yield on AAA-rated corporate bonds averaged approximately 5 percent; suppose one year later, the yield on these same bonds had climbed to about 6 percent because the Federal...
-
Consider two local banks. Bank A has 80 loans outstanding, each for $1.3 million, that it expects will be repaid today. Each loan has a 3% probability of default, in which case the bank is not repaid...
-
Synovec Corporation is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 7.5 percent, thereafter. The...
-
A ______ is an account paired with another account type, has an opposite normal balance to the paired account, and reduces the balance in the paired account at the end of a period." Question 12Answer...
Study smarter with the SolutionInn App