Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 24, 2024

Find the present value of the given future amount. Assume 360 days in a year. $166,728 for 270 days at 7.1% simple interest. What is

Find the present value of the given future amount. Assume 360 days in a year. $166,728 for 270 days at 7.1% 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

Financial Reporting and Analysis

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

6th edition

9780077632182, 78025672, 77632184, 978-0078025679

More Books

Students also viewed these Mathematics questions

Question

★★★★★

A point charge causes an electric flux of 750N m2/C to pass through a spherical Gaussian surface of 10.0cm radius centered on the charge? (a) If the radius of the Gaussian surface were doubled, how...

Answered: 1 week ago

Question

★★★★★

Trader Joe's is a privately held chain of specialty grocery stores in the United States. Starting out as a small chain of convenience stores, it has expanded to over 340 stores as of June 2010...

Answered: 1 week ago

Question

★★★★★

What evidence is provided of the quality of the data collection instruments in terms of the following? a. Relia bility or dependability b. Validity or credibility c. Objectivity or confirmability d....

Answered: 1 week ago

Question

★★★★★

You are the operations manager for American Airlines and you are considering a higher fare level for passengers in aisle seats. You want to estimate the percentage of passengers who now prefer aisle...

Answered: 1 week ago

Question

★★★★★

CIS 180 Homework 2 Inventory Tracker (100 pts total) This homework one large project broken up into milestones to help you complete the entire project in smaller manageable and testable sections. Do...

Answered: 1 week ago

Question

★★★★★

Abioye Co. produces and distributes semiconductors for use by computer manufacturers. Abioye Co. issued $660,000 of 20-year, 11% bonds on May 1 of the current year at face value, with interest...

Answered: 1 week ago

Question

★★★★★

Beats versus Skullcandy Headphones Background For this role-play, students will assume one of three roles: (1) sales representative for Beats headphones; (2) sales representative for Skullcandy...

Answered: 1 week ago

Question

★★★★★

State E& Company acquisitions during 2 0 2 2 and the aggregated goodwill resulted from these acquisitions. How does each acquisition affect goodwill?

Answered: 1 week ago

Question

★★★★★

The strength of a steel beam with I cross-section is increased by attaching a plate to its upper flange. Determine the moment of inertia and radius of gyration with respect to an axis which is...

Answered: 1 week ago

Question

★★★★★

5) (15 pts) How close does the line 2x - 5y = 4 come to the point (1,5)? (show all of your work):

Answered: 1 week ago

Question

★★★★★

You developed an app named "Help Me" which is used to help any kind of people in need of any kind of work such as gardening, aged care, mechanical service, tutor, etc. If anybody needs instant help...

Answered: 1 week ago

Question

★★★★★

A hollow plate as shown in Figure 1: o Made of Alloy Steel o Length of 200 mm, width of 100 mm and thickness of 10 mm o The central hole with a diameter of 40 mm Loading conditions: o A load of...

Answered: 1 week ago

Question

★★★★★

2. I try to be as logical as possible

Answered: 1 week ago

Question

★★★★★

1. To understand the prerequisites for personal communication mastery.

Answered: 1 week ago

Question

★★★★★

2. To understand different focus areas for personal communication mastery.

Answered: 1 week ago

Previous Question Next Question