Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Apr 23, 2022

An investment pay you $30000 at the end of this year, and $10,000 at the end of each of the four following years. What is

An investment pay you $30000 at the end of this year, and $10,000 at the end of each of the four following years. What is the FUTURE value of this investment, (i.e. at the end of fifth year), given that the interest rate is 5% per year?

Step by Step Solution

★★★★★

3.36 Rating (152 Votes )

There are 3 Steps involved in it

Step: 1

Answer Step by Step Explanation Answer 79566 Year Cash Flow 1 Futur... 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

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

Corporate Finance A Focused Approach

Authors: Michael C. Ehrhardt, Eugene F. Brigham

4th Edition

1439078084, 978-1439078082

More Books

Students also viewed these Accounting questions

Question

★★★★★

An investment pays you $100 at the end of each of the next 3 years. The investment will then pay you $200 at the end of Year 4, $300 at the end of Year 5, and $500 at the end of Year 6. If the...

Answered: 1 week ago

Question

★★★★★

An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $300 at the end of Year 5, and $500 at the end of Year 6. If other investments of equal risk earn 8%...

Answered: 1 week ago

Question

★★★★★

The directed reading at the end of this chapter describes four tools for crises in projects. Might any of these be useful to Iceland in their planning?

Answered: 1 week ago

Question

★★★★★

Need help with the incorrectanswer. I have tried 6,750, 81,000, and 0, but all areincorrect. Exercise 4-23 (Algorithmic) (LO. 4) Casper and Cecile divorced in 2018. As part of the divorce settlement,...

Answered: 1 week ago

Question

★★★★★

The scatterplot shows the average life expectancy for some countries and the number of people per TV in those countries. Comment on the appropriateness of the regression. What do you think accounts...

Answered: 1 week ago

Question

★★★★★

What are lockboxes? Concentration banks? Wire transfers?

Answered: 1 week ago

Question

★★★★★

1. Have students write letters to carpet and furniture stores asking for donations of remnants to carpet a reading corner.

Answered: 1 week ago

Question

★★★★★

One aspect of the new system under development at Holiday Travel Vehicles will be the direct entry of the sales invoice into the computer system by the salesperson as the purchase transaction is...

Answered: 1 week ago

Question

★★★★★

(marketing) 1. Choose a product. What is it? 2. What consumer product classification does it fall under? Explain your reasoning. 3. Who is the target market? Try to identify demographics,...

Answered: 1 week ago

Question

★★★★★

The International Lodging Merger Role of AAA Hotels Executive Committee, discuss the major negotiation point between the two hotels and how to gain a result from the AAA Hotels point of view. How to...

Answered: 1 week ago

Question

★★★★★

Suppose f(x)=x^3((x^2/5)-(x/4)). What is the value of the derivative at x=2, i.e. f'(2)?

Answered: 1 week ago

Question

★★★★★

1. A detector is placed on a screen onto which a bright red spot is observed. In calculation of the numerical aperture of the fiber, the diameter of the bright spot (W) and the distance of the...

Answered: 1 week ago

Question

★★★★★

1. What is revealed about human nature (from Genesis 1-2)? 2. What are the consequences of the fall for human nature (from Genesis 3)? 3. What is revealed about human purpose? What does it mean for...

Answered: 1 week ago

Question

★★★★★

When a 0.051M aqueous solution of a certain acid is prepared, the acid is 2.7% dissociated. Calculate the acid dissociation constant Ka of the acid. Round your answer to 2 significant digits.

Answered: 1 week ago

Question

★★★★★

A. If 48.3 L of N? at 27.2C and 706 torr is heated to 126 "C and compressed to 3.33 L, what is the new pressure in torr? Enter your answer in scientific notation. B. A 25.0 g sample of granite at...

Answered: 1 week ago

Question

★★★★★

Question : 1. How can the ANR be prevented? 2. What is machine learning? 3. What is adb? 4. : What is the importance of Android in the mobile market? 5.What is an action? 6. What is the importance of...

Answered: 1 week ago

Question

★★★★★

d Larkspur Supplies Company sold 3,340 metal connectors on account to Door Incorporated for $191 each on September 15 . Each metal connector costs Larkspur $144 to make. Door has 60 days to return...

Answered: 1 week ago

Question

★★★★★

A genetically engineered strain of Escherichia coli (E. coli) is used to synthesize human insulin for people suffering from type I diabetes mellitus. In the following simplified reaction scheme,...

Answered: 1 week ago

Question

★★★★★

A company currently pays a dividend of $2 per share (D0 = $2). It is estimated that the companys dividend will grow at a rate of 20% per year for the next 2 years, then at a constant rate of 7%...

Answered: 1 week ago

Question

★★★★★

Barnes plans to use the preceding ratios as the starting point for discussions with SKIs operating executives. He wants everyone to think about the pros and cons of changing each type of current...

Answered: 1 week ago

Question

★★★★★

A firm has 10 million shares outstanding with a market price of $20 per share. The firm has $25 million in extra cash (short-term investments) that it plans to use in a stock repurchase; the firm has...

Answered: 1 week ago

Question

★★★★★

6.46. Medical tests for diagnosing conditions such as breast cancer arc fallible, just like decisions in significance tests. Identify (Hq true, Hq false) with disease (absent, present), and (Reject...

Answered: 1 week ago

Question

★★★★★

6.58. Explain the difference between one-sided and twosided alternative hypotheses, and explain how this affects calculation of the P-value.

Answered: 1 week ago

Question

★★★★★

6.54. In the previous exercise, suppose the test statistic t = 3.29. (a) There is strong evidence that /r = 100. (b) There is strong evidence that p. > 100. (c) There is strong evidence that p. Answered: 1 week ago

Answered: 1 week ago

Previous Question Next Question