If the present value of $100 due eight years from now is $50, what is the present

Question:

If the present value of $100 due eight years from now is $50, what is the present value of $100 due 16 years from now? Answer without using formula

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

See More Books

Question Posted: Jan 20, 2016 07:24 AM

See More Questions

The following questions are used in the Kaplan CPA Review Course to study the time value of money while preparing for the CPA examination. Determine the response that best completes the statements or...
If the present value of an ordinary, 7-year annuity is $6,500 and interest rates are 7.5 percent, whats the present value of the same annuity due?
If the present value of an ordinary, 6-year annuity is $8,500 and interest rates are 9.5 percent, whats the present value of the same annuity due?
Presented below is information related to LeBron James Manufacturing Corporation. Instructions (a) Compute the rate of depreciation per year to be applied to the plant assets under the composite...
The following data are taken from the statement of affairs of the Monroe Company. (Assume that the realizable values of assets are accurate.) Assets pledged with fully secured creditors (realizable...
Schedule the final exams for Math 115, Math 116, Math 185, Math 195, CS 101, CS 102, CS 273, and CS 473, using the fewest number of different time slots, if there are no students taking both Math 115...
Galileos telescope consisted of two lenses, an objective and an eyepiece. Unlike the telescope in Figure 26.12, however, Galileo used a diverging lens as his eyepiece (Fig. P26.30). This telescope...
ANALYSIS OF PROFITABILITY Based on the financial statement data in Exercise 24-1B, compute the following profitability measures for 20-2 (round all calculations to two decimal places): (a) Profit...
Furniture's unadjusted Merchandise Inventory account at year-end is 65,000. The physical count of inventory came up with a total of 63,900. Journalize the adjusting entry needed to account for...
Guitar Universe, Inc., is a popular source of musical instruments for professional and amateur musicians. The companys accountants make necessary adjusting entire monthly, and they make all closing...
What is the present value of $10,000 discounted at 4.5% compounded annually over ten years?
What principal amount will have a maturity value of $5437.52 after 27 months, if it earns 8.5% compounded quarterly?
If Supreme Healthcare sells its receivables to the SPE, its consolidated fi nancial results will most likely show: A. a higher revenue for 2018. B. the same cash balance at December 31, 2018. C. the...
1. Define a person-centered model of care in LTC facilities. 2. Describe two leadership behaviors and two leadership qualities most conducive to moving long-term care organizations toward more...
question 5 all parts 8+0.5 = 4. Consider a system with a lead compensator Ge(s) = +0.13 followed by a plant G(s) = 10 Determine a value for a gain K on the error signal such that the phase margin...
3- Define and describe, in detail, the various communication styles as they relate to negotiation and conflict resolution. Compare the advantages and disadvantages of the styles. Provide a detailed...
SJ Corp ahs the following data for 2020: RM, beginning of 5,000; Purchases of raw materials is 50,000; return of defective raw materials to suppliers of 4,000; return of direct materials from the...
A company is issuing $340,000 worth of 4-year bonds on October 8, 2023, bearing an interest rate of 2%, payable annually. Assume that the current market rate of interest is 3%. a) Will the bonds be...
What is the Cournot model? How does the output decision in the Cournot model differ from the output decision in a monopoly?
Which of the ocean zones shown would be home to each of the following organisms: lobster, coral, mussel, porpoise, and dragonfish? For those organisms you identify as living in the pelagic...
Roselle, Inc., has acquired two new companies, one in consumer products and the other in financial services. Roselles top management believes that the executives of the two newly acquired companies...
The depreciation schedule for an asset, with a salvage value of $90 at the end of the recovery period, has been computed by several methods. Identify the depreciation method used for each schedule....
The depreciation schedule for a microcomputer has been arrived at by several methods. The estimated salvage value of the equipment at the end of its 6-year useful life is $600. Identify the resulting...
TELCO Corp has leased some industrial land near its plant. It is building a small warehouse on the site at a cost of $250,000. The building will be ready for use January 1. The lease will expire 15...
Question 24 Miami Company sold merchandise for which it received $710,400, including sales and excise taxes. All of the firms sales are subject to a 6% sales tax but only 50% of sales are subject to...
f the IRS intends to close a Taxpayer Assistance Center, they must notify the public at least _____ days in advance of the closure date. 14 30 60 90
A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,300,000 and can be sold for $650,000 at the end of the project. The asset is in the 5-year MACRS...

If the present value of $100 due eight years from now is $50, what is the present

Question:

Step by Step Answer:

We are told that the present value of 100 discou...View the full answer

Business Mathematics In Canada

Students also viewed these Corporate Finance questions