Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 12, 2024

An increase in which of the following will increase the present value of a lump sum future amount? Assume the interest rate is a positive

An increase in which of the following will increase the present value of a lump sum future amount? Assume the interest rate is a positive value and interest is compounded.

I. interest rate

II. amount of the future lump sum

III. frequency of the interest payments

IV. length of the investment period

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 Services Sales Handbook A Professionals Guide To Becoming A Top Producer

Authors: Clifton T. Warren

1st Edition

1631574930, 978-1631574931

More Books

Students also viewed these Finance questions

Question

★★★★★

What is the present value of $2,500 per year, at a discount rate of 8 percent, if the first payment is received 7 years from now and the last payment is received 30 years from now?

Answered: 1 week ago

Question

★★★★★

How doesWi-Fi perform media access control?

Answered: 1 week ago

Question

★★★★★

General Mills makes Nature Valley granola bars, Cheerios cereal, Yoplait yogurt, Hagen-Dazs ice cream, and many other food products. Suppose the product manager of a new General Mills cereal has...

Answered: 1 week ago

Question

★★★★★

An increase in which of the following will increase the present value of a lump sum future amount? Assume the interest rate is a positive value and interest is compounded. I. interest rate II. amount...

Answered: 1 week ago

Question

★★★★★

Rainey Company's true cash balance at October 31 is $5,910. The following information is available for the bank reconciliation: . Outstanding checks, $900 Deposits in transit, $600 Bank service...

Answered: 1 week ago

Question

★★★★★

1. Ribosomes Nucleoid Capsule Cytoplasm Cell Wall Cell Membrane Flagellum Figure X/ Rajah X (a) Briefly explain with an appropriate diagram the THREE mechanisms of genetic material transfer between...

Answered: 1 week ago

Question

★★★★★

K When firms purchase services from outside suppliers that it used to obtain internally, what is the firm performing? A. Rare vertical integration B. Outsourcing OC. Forward vertical integration D....

Answered: 1 week ago

Question

★★★★★

Benefit communication is linked to employee----------- associated with benefits. A) Citinzenship B) Creativity C) Satisfaction D) Valence E) compliance PLEASE DO FAST AND CORRECT I WILL RATE ****NEED...

Answered: 1 week ago

Question

★★★★★

True or/ False Evaluations for orders under MAS contracts require the formation of a Source Selection Evaluation Board.

Answered: 1 week ago

Question

★★★★★

Many population projection models assume a constant population growth rate throughout the projection period. What are the potential problems with this assumption?

Answered: 1 week ago

Question

★★★★★

Technology. Your instructor has asked you to speak to the faculty club at your school. Your speech is to be about the benefits of membership in student organizations. You are unable to make the...

Answered: 1 week ago

Question

★★★★★

Seafood Specialties Restaurant offers a shrimp and lobster tail special each Friday evening.You are manager of the restaurant. On Tuesday, you received a request from a customer, Shipley Masters, who...

Answered: 1 week ago

Question

★★★★★

You are the customer service representative for Fly High Airline. The airline awards frequent flyer miles but charges a $50 fee per ticket unless the free flight is booked more than 14 days in...

Answered: 1 week ago

Previous Question Next Question