Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 10, 2024

Hello, I am in need of some assistance with some math homework, please advise. Find the present value of the given future amount $82,000 for

Hello,

I am in need of some assistance with some math homework, please advise.

Find the present value of the given future amount

$82,000 for 8 months at 7% 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

Calculus Early Transcendentals

Authors: James Stewart

8th edition

1285741552, 9781305482463 , 978-1285741550

More Books

Students also viewed these Mathematics questions

Question

★★★★★

The Adams family decided early in 2015 to incorporate their family-owned farm under the name Adams Corporation. The corporation was authorized to issue 100,000 shares of a single class of $1 par...

Answered: 1 week ago

Question

★★★★★

=+1. How can information itself provide a competitive advantage to an organization? Give two or three examples. For each example, describe its associated risks.

Answered: 1 week ago

Question

★★★★★

Adam and Arin Adams have collected their personal asset and liability information and have asked you to put together a balance sheet as of December 31, 2012. The following information is received...

Answered: 1 week ago

Question

★★★★★

23 pts Claim and Hypothesis for the Mean Answer the following three questions. Be sure each is answer with one complete sentence. Your answer to this problem should be three sentences, once for each...

Answered: 1 week ago

Question

★★★★★

Wojtek Co. has a job order cost system. The following debits (credits) appeared in the work in process account for the month of August: Date Description Amount Aug 1 Opening balance $10205 Aug 31...

Answered: 1 week ago

Question

★★★★★

Include references for Die 18f a hotel and that will help address an aspect of sustainability (one of the 3Ps/EES). Explain what this technology is how will it function in a hotel Housekeeping or...

Answered: 1 week ago

Question

★★★★★

A partial ANOVA table summarizing the effect of Drug A on different groups is shown below: Source DF SS MS F P Treatment 5 1489.1 Error 36 543.9 Total Calculate the Mean Square (due to Treatment).

Answered: 1 week ago

Question

★★★★★

Question list Question 1 O Question 2 K Your grandfather would like to share some of his fortune with you. He offers to give you money under one of the following scenarios (you get to choose): 1....

Answered: 1 week ago

Question

★★★★★

By providing examples, explain SIX (6) performance evaluation of account receivables management. a. Discuss the indicator to assess the effectiveness of inventory system in a company. b. If the lead...

Answered: 1 week ago

Question

★★★★★

Next Steps Create a group of 5 members. Get the number of family members of the group. Now, consider samples of size 3 that can be drawn from the data. 1. List all possible samples and solve for each...

Answered: 1 week ago

Previous Question Next Question