Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

Find the present value of the given future amount. $39,000 for 3 months at 8% simple interest What is the present value? (Round to the

Find the present value of the given future amount. $39,000 for 3 months at 8% simple interest What is the present value? (Round to the nearest dollar as needed.)

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

The Handbook Of Portfolio Mathematics

Authors: Vince

1st Edition

0471757683, 978-0471757689

More Books

Students also viewed these Finance questions

Question

★★★★★

Greenlife is a health resort that offers a range of programs for health-conscious managers. Managers who participate are provided with a tailored program, consisting of a series of activities. A job...

Answered: 1 week ago

Question

★★★★★

What kinds of different categories of reserves are found in the balance sheet. AppendixLO1

Answered: 1 week ago

Question

★★★★★

2. What factors contribute to the maintenance of good cognitive processing in the healthy aging brain?

Answered: 1 week ago

Question

★★★★★

The Swiss economist Alexander Swoboda has argued that the Eurodollar markets early growth was fueled by the desire of banks outside the United States to appropriate some of the revenue the United...

Answered: 1 week ago

Question

★★★★★

Find the present value of the given future amount. $39,000 for 3 months at 8% simple interest What is the present value? (Round to the nearest dollar as needed.)

Answered: 1 week ago

Question

★★★★★

2. Suppose that the economy begins in long-run equilibrium: output is at potential and, as a result, inflation is steady. Now, suppose there is a permanent upward shift of the Federal Reserve's...

Answered: 1 week ago

Question

★★★★★

Case Study When Jean-Pierre Remy became the CEO of Pages Jaunes in 2009, the company was in trouble. As the market leader in the fast-dying French Yellow Pages industry, the company saw its print...

Answered: 1 week ago

Question

★★★★★

The managing director of Hermes Telecommunications plc is interested in corporate strategy. Hermes has invested a great deal of money in established a network which competes with that of Telecom UK,...

Answered: 1 week ago

Question

★★★★★

You are a manager of an HIM department and you want to track how many charts each of your employees scanned and indexed. This is the data you found. On Monday, John did 10 charts, Sue did 25 charts,...

Answered: 1 week ago

Question

★★★★★

For the equation y=-7x+3 answer the following questions: What are the x-intercept(s) written as ordered pair(s)? Note: If there is more than one write them separated by a comma (i.e.: (1,2), (3,4))....

Answered: 1 week ago

Question

★★★★★

2. Christmas shoppers that had purchased a gift in the first week of December were surveyed; fifty-seven said they purchased the gift in a store. Twenty-five said they shopped both online and in...

Answered: 1 week ago

Question

★★★★★

Give an example of a social business situation and what your goal might be in attending the function. (Objective 2)

Answered: 1 week ago

Question

★★★★★

Your last task before proofreading the annual report youve assembled for Ridgedale Bank is to prepare the last four visual aids. Use the following data, and prepare the appropriate graphic aids. The...

Answered: 1 week ago

Question

★★★★★

Identify at least five soft skills that employers are seeking in their prospective employees. (Objective 1)

Answered: 1 week ago

Previous Question Next Question