FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

An investment would pay a lump sum of $1,000 in 5 years, If my required return is 14% I would pay_______ for the investment? Select

An investment would pay a lump sum of $1,000 in 5 years, If my required return is 14% I would pay_______ for the investment?

Select one:

a. 620.92

b. 450.89

c. 519.36

d. 856.40

e. 920.75

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions

Question

8.30 A random sample of n measurements is selected from a population with unknown mean and known standard deviation or = 10. Calculate the width of a 95% confidence interval for for these values of...

Answered: 1 week ago

Question

★★★★★
This chapter discussed many inputs to an organizations sales process. What are the specific data items needed to add a new customer and record a sales order?

Answered: 1 week ago

Question

★★★★★
find the accounting cost and the economic cost please. Joe quits his computer programming job, where he was earning a salary of $55,000 per year, to start his own computer software business in a...

Answered: 1 week ago

Question

★★★★★
At the beginning of the month, the Mixing Department of MK Manufacturing had 25,000 units in inventory, 70% complete as to materials, and 20% complete as to conversion. During the month the...

Answered: 1 week ago

Question

★★★★★
QUESTION 4 (b) Read the following scenarios: (i) (ii) (iii) Delphine & Co. is a law firm which had been operating for the past 20 years. The firm has over 200 active clients, mainly commercial...

Answered: 1 week ago

Question

★★★★★
State the uses of job description.

Answered: 1 week ago

Question

★★★★★
Define and explain two of the four pieces to Lessig's Framework. I should see how you understand how Lessig's Laws apply to the IT world. (Minimum of two paragraphs)Thank you

Answered: 1 week ago

Question

★★★★★
Explain in detail the different methods of performance appraisal .

Answered: 1 week ago

Question

★★★★★
In a particular county, the average number of suicides reported each month is 2.75. Assume that the number of suicides follows a Poisson distribution. What is the probability that at least two (two...

Answered: 1 week ago

Previous Question Next Question