Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 29, 2024

2. How much is the present value, if the future value is $ 186,000, the interesting period (term) is 3 months and compounding period is

2. How much is the present value, if the future value is $ 186,000, the interesting period (term) is 3 months and compounding period is 1 month. The annual rate is 22%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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 Started

Recommended Textbook for

Pricing In General Insurance

Authors: Pietro Parodi

2nd Edition

0367769034,1000860833

More Books

Students also viewed these Finance questions

Question

4-6. How does reading comprehension on small, mobile devices compare with comprehension on full-size screens? [LO7]

Answered: 1 week ago

Question

★★★★★

Why do managers care about capacity utilization? Are managers controlling costs when they control utilization?

Answered: 1 week ago

Question

★★★★★

Mitchell, a calendar year taxpayer, is the sole proprietor of a fast-food restaurant. His adjusted basis for the building and the related land is $450,000. On March 12 of the current year, state...

Answered: 1 week ago

Question

★★★★★

1. Orthogonal Matrices i. Identify a set of values a, b, c such that the columns of the following matrix are mutually orthogonal. A = 1 4 a C 2 1 b 2-2 ii. Calculate AAT iii. Use your answer in (i)...

Answered: 1 week ago

Question

★★★★★

A country produces only ice cream and cake in the quantities and prices listed below. Use 2011 as the base year. Year Price of Ice Cream Quantity of Ice Cream Price of Cake Quantity of Cake 2011...

Answered: 1 week ago

Question

★★★★★

Leading Teams - HBR By Ethan S. Bernstein Harvard Business School React to the reading, reflect and share your impressions or experience. Use the following questions to prompt reflection a). Which...

Answered: 1 week ago

Question

★★★★★

You decide you want to be an agent with the NFL, which of the following does the NFLPA (NFL Players Association) not require at a minimum? Group of answer choices Extensive NFL knowledge (history,...

Answered: 1 week ago

Question

★★★★★

Question 19. Consider the example of a gold mine, where you have the rights to the mine for the next 20 years, over which period you plan to extract 5,000 ounces of gold every year. As an experienced...

Answered: 1 week ago

Question

★★★★★

QUESTION 1 Which of these issues is not a primary focus of managerial accounting? O Providing information to make budgets for future periods B. Providing detailed information on product lines,...

Answered: 1 week ago

Question

★★★★★

The phenomenon of herd immunity makes disease eradication difficult because it ensures that diseases will survive until vaccination rates reach 100%.

Answered: 1 week ago

Question

★★★★★

Most economists believe that the smallpox eradication campaign was not costeffective because it required so many upfront costs and smallpox was already eliminated in much of the developed world.

Answered: 1 week ago

Question

★★★★★

In the steady-state SIR model, the number of susceptible people is not affected by changes in vaccine price.

Answered: 1 week ago

Previous Question Next Question