What is the present value of $575,000 four years from today if the rate of return is

Question:

What is the present value of $575,000 four years from today if the rate of return is six percent?

A. $455,453 B. $609,500 C. $725,924 D. $34,500

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

Step by Step Answer:

Related Book For book-img-for-question

It Project Management

ISBN: 9780071700436

3rd Edition

Authors: Joseph Phillips

See More Books

Question Posted: Jul 05, 2024 10:03 AM

See More Questions

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...
I need help answering two essay questions which are due 10/18 Weds. You must choose 2 out of 4 essay topics to write on and have a 2 hr time limit once we start. I will provide slides and supporting...
I am working on a homework problem and am stumped on part B. Kim hotels is interested in developing a new hotel in seoul. The company estimates that the hotel would require an initial investment of...
Describe the role of the police in contemporary society? 2. What does Alex Vitale argue? Do you agree with him? 3. Discuss the impact of the #Black Lives Matters protests. 4. How do you see the...
Why does a bond price change when interest rates change?
This case is based on the consolidated financial statements of RadioShack Corporation given in Appendix B at the end of this book. 1. Read Note 4: Acquisitions. Does RadioShack Corporation own any...
4 Establish strategies to evaluate and select mutual funds that meet your investment goals.
Under what circumstances is it appropriate to record goodwill in the accounts? How should goodwill , properly recorded on the books, be written off in order to conform with generally accepted...
- How much should be deposited now if you wish to withdraw $4500 monthly in perpetuity? The annual interest rate is 7.5% A. $600.00 B. $60,000.00 C. $4,186.05 D. $4,837.50 E. $720,000.00
You are the project manager for your organization. Your current project is a database upgrade project, and your project team has completed the first phase of the project. Before your project can move...
If you subscribe to Herzbergs Theory of Motivation, which one of the following must exist as a hygiene agent before you may offer motivating agents to your project team? A. Paycheck B. Reward C....
On March 31, 2016, Titan Trucking purchased a used Kenworth truck at a cost of $52,000. Titan Trucking expects to drive the truck for 5 years and to have a residual value of $10,000. Compute Titan...
Hypothesis testing and testing claims with confidence intervals are two different approaches that lead to the same conclusion. In the following activities, you will compare and contrast those two...
The following system of periodic tasks is scheduled and executed according to a cyclic schedule. Draw an execution trace (timeline) showing two occurances of each task. Ti ei Pi 1 8 T2 4 15 T3 3 20...
n1 = 20, n2 = 25, S = 607, H1: 1 2. In Exercises 710, compute S, S, and the value of the test statistic z. Then find the P-value for the specified alternate hypothesis and values of n1, n2, and S.
To determine whether traffic levels differ between the morning and evening rush hours, a traffic engineer counted the number of cars passing through a certain intersection during five-minute periods...
Macon Timber Company established a $\$ 150$ petty cash fund on January 1, 2012. Required a. Is the establishment of the petty cash fund an asset source, use, or exchange transaction? b. Record the...
You have been asked to evaluate possible sites for an Asian production facility that will manufacture your firms products and sell them to the Asian market. What real exchange rate considerations...
What steps must a business take to implement a program of social responsibility?
Prepare a prospectus to the Civic Committee on approaches / actions they could take to raise the projected $ 5 0 Million through an art exhibit show
Rogot Instruments makes fine violins and cellos. It has $1.8 million in debt outstanding, equity valued at $2.6 million, and pays corporate income tax at rate 37%. Its cost of equity is14% and its...
A). Critically analyse the types of leases and discuss the various steps required in the calculation of leases give appropriate examples. 5 pages

What is the present value of $575,000 four years from today if the rate of return is

Question:

Step by Step Answer:

It Project Management

Students also viewed these Business questions