Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

Amber in Corporation expects to receive $2,000 per year for 13 years and $3500 per year for the next 13 years. What is the present

Amber in Corporation expects to receive $2,000 per year for 13 years and $3500 per year for the next 13 years. What is the present value of the 26 year cash flow? Use an 9% discount rates. Use Appendix D and Appendix B to calculate the answer.

Multiple choice

A. None of these

B. $41,179

C. $34,748

D. $23,517

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

Financial Performance

Authors: Marc Bertoneche, Rory Knight

1st Edition

0750640111, 978-0750640114

More Books

Students also viewed these Finance questions

Question

★★★★★

Kent Plano, corporation vice president of research and development, has overall responsibility for employees with the following positions: Directors of the Houston, Seattle, and Charlotte...

Answered: 1 week ago

Question

★★★★★

Lee Hom and Eason, age 25, are Hong Kong natives who have recently moved to Canada after having lived in Hong Kong all their lives Based on research into a sensitive period for culture acquisition,...

Answered: 1 week ago

Question

★★★★★

Suppose that the researcher from the previous problem repeated the study of married couples initials using twice as many participants and obtaining observed frequencies that exactly double the...

Answered: 1 week ago

Question

★★★★★

Amber in Corporation expects to receive $2,000 per year for 13 years and $3500 per year for the next 13 years. What is the present value of the 26 year cash flow? Use an 9% discount rates. Use...

Answered: 1 week ago

Question

★★★★★

Would it also be effective for more domestic production to occur on American soil while working in conjunction with emerging countries through a B-Corp? Please provide references.

Answered: 1 week ago

Question

★★★★★

A gas sample occupies a volume 5 ft3 a pressure of 30 psi and a temperature of 70F. What will be its volume if the pressure decreases to 15 psi and the temperature remains at 70F? Give answer to 2...

Answered: 1 week ago

Question

★★★★★

You are a consultant who's been asked to install a new server for a small business. Before you begin the installation process, make a checklist of information you should obtain before beginning the...

Answered: 1 week ago

Question

★★★★★

What can I improve with this policy? The objectives of this policy are to: achieve a safe workplace with zero harm to the environment; ensure a permanent Environment, Health and Safety (EHS) presence...

Answered: 1 week ago

Question

★★★★★

A machine with a cost of $64,008 has an estimated residual value of $4,747 and an estimated life of 6 years or 18,419 hours. It is to be depreciated by the units-of-activity method. What is the...

Answered: 1 week ago

Question

★★★★★

As we discussed in Module 2, the OWASP Foundation has developed a vulnerable web application called WebGoat that demonstrates common web application flaws and allows students to gain experience in...

Answered: 1 week ago

Question

★★★★★

A Is it crucial that an employer know how long it took you to earn your B.A.? Is it unethical to simply note the date you finished it?

Answered: 1 week ago

Question

★★★★★

3. A member of a group you belong to suggests that everyone contribute $50 for a wedding present for another member. A. Wow, thats pretty generous! B. What specifically are we going to buy? C. Im...

Answered: 1 week ago

Question

★★★★★

4. Youre asked to give a speech about your athletic success to a high school sports team. A. Im no good at that sort of thing. B. What goal do you have in mind? C. I cant commit to speaking this fall.

Answered: 1 week ago

Previous Question Next Question