Question
1. What is the present value of: a. $7900 in 10 years at 11 percent? b. 16600 in 5 years at 9 percent? c. $26000
1. What is the present value of:
a. $7900 in 10 years at 11 percent?
b. 16600 in 5 years at 9 percent?
c. $26000 in 14 years at 6 percent?
2. what is the present value of $140,000 to be received after 30 years with a 14% discount rate?
3. If you invest $8500 per period for the following number of of periods how much would you have at 12 years 10% and 50 years 9%?
Step by Step Solution
3.45 Rating (152 Votes )
There are 3 Steps involved in it
Step: 1
answers 1 Calculate the present value The present value refers to the discounted value of expe...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
125927716X, 978-1259687969, 1259687961, 978-1259277160
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App