What is the present value of $1,000 two years from today if the interest rate is 5

Question:

What is the present value of $1,000 two years from today if the interest rate is 5 percent?

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

Step by Step Answer:

Related Book For book-img-for-question

Microeconomics

ISBN: 9781337617406

13th Edition

Authors: Roger A Arnold

See More Books

Question Posted: Apr 05, 2024 05:00 AM

See More Questions

What is the future value of $1,101 invested for 9 years at 7 percent compounded annually? 2. What is the present value of $18,664 to be received 7 years from today if the discount rate is 7 percent?...
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...
13. What is a lower bound for the price of 3-month call option on a non- dividend-paying stock when the stock price is $50, the strike price is $45, and the 3-month risk-free interest rate is 8%?...
From the densities of the lines in the mass spectrum of krypton gas, the following observations were made: Somewhat more than 50% of the atoms were krypton-84. The numbers of krypton-82 and...
Determine the missing manufacturing cost data for Morton Company are presented below. Case A Case B $65,400 76,000 81,600 Case C Direct materials used Direct labor Manufacturing overhead Total...
Correct the definition of the italicized term without reference to the text, if correction is needed, so that it is in a form acceptable for publication. A monic polynomial in F[x] is one having all...
According to company records, the probability that a washing machine will need repairs during a six-year period is 0.10.
How might XYZ Software Company arrive at the values in the above table? For each entry, describe the process of determining the cost per incident and frequency of occurrence.
Q1. How worried are clients and stakeholders in day-to- day product improvement? 2. the industrial corporation Case for Agility "The struggle is not always to the most powerful, nor the race to the...
Give an example to illustrate that economic rent varies with the perspective from which a factor is viewed.
Why does the real interest rate, not the nominal interest rate, matter to borrowers and lenders?
An unknown diatomic gas has a density of 3.164 g/ L at STP. What is the identity of the gas?
Compare the alternatives that Bergerac is considering for its decision. Include: Comparison of make versus buy option in the type of operation that Bergerac is looking to integrate. You do not need...
Let A, B, C and D be non-zero digits, such that CD is a two-digit positive integer. BCD is a three-digit positive integer generated by the digits B, C and D. ABCD is a four-digit positive integer...
1.) An aluminum tube is clamped with rigid plates using four bolts as shown. The nut on each bolt is tightened one turn from 'snug'. The thickness of the plate may be considered insignificant in this...
4.21 Case Study Competency IV.1RM Determine diagnosis and procedure codes and groupings according to official guidelines. Competency IV.1 Validate assignment of diagnostic and procedural codes and...
W.E.B Dubois taught the book called "The State" to his students at Atlanta University. Who wrote this book
A friend, who is not an accounting major, is interested in what makes accounting useful to decision makers. The friend asks, I have a gut feel for what makes information useful to me, but how do you...
A fuel pump sends gasoline from a car's fuel tank to the engine at a rate of 5.88 10-2 kg/s. The density of the gasoline is 735 kg/m3, and the radius of the fuel line is 3.18 10-3 m. What is the...
crane Inc. common chairs currently sell for $30 each. The firms management believes that it's share should really sell for $54 each. If the firm just paid an annual dividend of two dollars per share...
Determine the simple interest earned on $10,000 after 10 years if the APR is 15%
give me an example of 10 transactions from daily routine that we buy and put for me Liabilities + Owners' Equity + Revenues - Expenses

What is the present value of $1,000 two years from today if the interest rate is 5

Question:

Step by Step Answer:

90703 T...View the full answer

Microeconomics

Students also viewed these Business questions