Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 34 (2.5 points) If you could buy a business now and five years later sell it for $40,000, what would you be willing to

image text in transcribed
image text in transcribed
image text in transcribed
Question 34 (2.5 points) If you could buy a business now and five years later sell it for $40,000, what would you be willing to buy it for, assuming an 8% discount rate and no other cash flows? $3,200 $16,00Q $27,233 $58,773 None of the above Question 35 (2.5 points) Question 35 (2.5 points) Twenty years ago, your grandfather deposited $800 in a savings account earning 5% annually, with interest compounded on a quarterly basis. What is that savings account worth today? $624 $800 dhe $2,122 $2,161 $16,000 Question 36 (2.5 points) $16,000 Question 36 (2.5 points) If you have a choice to earn simple interest on $10,000 for three years a 8% or annually compounded interest at 7.5% for three years which one will pay more and by how much? Simple interest by $50 Compound interest by $22.97 Compound interest by $150.75 Compound interest by $150 None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Real Estate Post Pandemic And Digital Real Estate

Authors: Fred Nickerson

1st Edition

979-8834591344

More Books

Students also viewed these Finance questions