Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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? (Please help me understand this present/future value formula)

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

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Value Buy Or Sell A Financial Advisory Practice

Authors: Mark C. Tibergien, Owen Dahl

1st Edition

1576601749, 978-1576601747

More Books

Students also viewed these Finance questions

Question

What will you do or say to Anthony about this issue?

Answered: 1 week ago