Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 07, 2024

please use a BA II plus calc to find the answer I need it as soon as possible thank you very much. What is the

please use a BA II plus calc to find the answer I need it as soon as possible thank you very much.

What is the discounted value of payments of $53.00 made at the end of every six months for 10 years if interest is 6% compounded semi-annually? The discounted value is? (Round the final answer to the nearest cent as needed. Round at intermediate values to six decimal places 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

Finance

Authors: Angelico Groppelli, Ehsan Nikbakht

2nd Edition

0812043731, 978-0812043730

More Books

Students also viewed these Finance questions

Question

★★★★★

The table gives the loudness of spoken words, measured at the source, and the maximum distance at which another person can recognize the speech. Find an equation that expresses the maximum distance...

Answered: 1 week ago

Question

★★★★★

I think we should wait. If we walk on the path and our mothers come to get us, they wont see us, and theyll worry. Missing the bus is bad enough. If my mom cant find me, shell be really mad! In what...

Answered: 1 week ago

Question

★★★★★

Four firms have roughly equal shares of the market for farm-raised catfish. The price elasticity of demand for the market as a whole is estimated at -1.5. a. If all firms raised their prices by 5...

Answered: 1 week ago

Question

★★★★★

The testing was performed in 0 . 1 M NaCl at room temperature with varying pH ( 3 , 7 and 1 0 , respectively ) and pure Mg - how to read the plots ( describe the features of the plots passivation,...

Answered: 1 week ago

Question

★★★★★

FIQAP/021/01 Task 2 (Job Sequencing) Urban Office LLC, a major office furniture manufacturer and supplier, manufactures office tables according to the customer requirements. They have a workshop...

Answered: 1 week ago

Question

★★★★★

Question two Ever since he was a small boy Nephew has dreamed of owning a car repair business. Following high school, Nephew borrows money from Bankco and enrolls and pays his own way through...

Answered: 1 week ago

Question

★★★★★

To deal with the continuous disappointing news in the job market, government increased spending. The short-run effect of the policy is ________ a.economic expansion and lower interest rate. b.no...

Answered: 1 week ago

Question

★★★★★

This house is new and how to set up the network in this house? CLOSET BATH 3 CLOS MASTER BATH SITTING 8'6"X7'0" BALCONY 10'4"x5'8" MASTER WARDROBE MASTER SUITE 18'0"x14'0" UTILITY LIFT DEN...

Answered: 1 week ago

Question

★★★★★

A U.S. parent has a subsidiary in Canada. Its account balances are measured in Canadian dollars. If the parent's reporting currency is the U.S. dollar and the subsidiary's functional currency is the...

Answered: 1 week ago

Question

★★★★★

Rome Restaurant has the opportunity to purchase a new pizza oven for their new line of pizzas. This oven has a cost of $60,000 and will yield the following cash flows: Year 1: $12,000 Year 2: $12,500...

Answered: 1 week ago

Question

★★★★★

Is your compensation and benefit system developed so that employees will view it as fair and impartial?

Answered: 1 week ago

Question

★★★★★

Does your organization attempt to develop a work environment in which employees will not feel compelled to join a union?

Answered: 1 week ago

Question

★★★★★

What laws have been passed to legislate ethics?

Answered: 1 week ago

Previous Question Next Question