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

Question

1 Approved Answer

Assume that an investment provides the following cash inflows over a three-year period: Year 1$ 5,000Year 25,000Year 37,000Total$ 17,000 Assuming a discount rate of 11%,

Assume that an investment provides the following cash inflows over a three-year period:

Year 1$ 5,000Year 25,000Year 37,000Total$ 17,000

Assuming a discount rate of 11%, what is the present value of these cash inflows?

Multiple Choice

$13,682

$12,882

$11,982

$13,282

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 Accounting questions

Question

34. Let ZX be the standardized X, ZX(XmX)/sX, and let ZY be the standardized Y, ZY (Y mY)/sY. Use the results of Exercise 31 to show that Corr(X, Y) Cov(ZX, ZY) E(ZXZY).

Answered: 1 week ago

Question

★★★★★
Krisch Enterprises Inc. produces aeronautical navigation equipment. The stockholders' equity accounts of Krisch Enterprises Inc., with balances on January 1, 2010, are as follows: The following...

Answered: 1 week ago

Question

★★★★★
35. If a corporation issues only one class of stock, it is called: a. common stock. b. treasury stock. C. no-par stock d. preferred stock 36. In which section of the balance sheet wouid treasury...

Answered: 1 week ago

Question

★★★★★
18. Find the constant of variation k for the inverse variation. Then write an equation for the inverse variation. y=2.5 when x = 9 3.6 k=3.6; y=- k = 22.5; xy = 22.5 k = 22.5; y = 22.5x k = 3.6; xy =...

Answered: 1 week ago

Question

★★★★★
Knightro has three variables that store the length of each of his runs, run1, run2, run3 and he is trying to find the average of these three numbers and save it into the variable name overall. Write...

Answered: 1 week ago

Question

★★★★★
Problem 2. By using R function generate a simple and random sample of size n for the population X ~N(2, 32). 3/n (i) Let n = 20, compute X-2 and (n-1)52. Then, repeat (i) for 100 times X-2 and (n-1)...

Answered: 1 week ago

Question

★★★★★
What does the term "acceptable level" mean when used in the GAO conceptual framework to describe threats to independence? The circumstances are fluid but stable in terms of the auditor's...

Answered: 1 week ago

Question

★★★★★
5. Wabasha Co. has two service departments (A and B) and two producing departments (X and Y). Data provided are as follows: Service Depts. Operating Depts. A B X Y Direct costs $150 $300 Services...

Answered: 1 week ago

Question

★★★★★
4.Find the network Id, broadcast id and the binary conversion of the following IPs. i.20. 210. 47. 225/13 ii.220. 20. 17. 5/27 iii.10. 10. 7. 17/19 iv. 192. 12. 8. 1/18 v.172. 1. 4. 5/20

Answered: 1 week ago

Previous Question Next Question