Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 03, 2024

Calculate the present value in dollars if the future value is 45,000 ( is the symbol for the Euro), the exchange rate is $1.11/, the

Calculate the present value in dollars if the future value is 45,000 ( is the symbol for the Euro), the exchange rate is $1.11/, the time frame is 10 years and the interest rate is 7%

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

Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert J Hughes

9th Edition

0073382329, 9780073382326

More Books

Students also viewed these Finance questions

Question

★★★★★

V. Tangpricha et al. conducted a study to determine whether fortifying orange juice with vitamin D would increase serum 25-hydroxyvitamin D [25(OH)D] concentration in the blood. The researchers...

Answered: 1 week ago

Question

★★★★★

To maintain credibility with stakeholders, it is important to always convey the truth about project cost and identify the precision of estimate values. Transparency in estimate communication is...

Answered: 1 week ago

Question

★★★★★

Did the researcher provide sufficient description?

Answered: 1 week ago

Question

★★★★★

At the beginning of the summer, Jack Wells was looking for a way to earn money to pay for his college tuition in the fall. He decided to start a lawn service business in his neighborhood. To get the...

Answered: 1 week ago

Question

★★★★★

firm and analyse its financial statement of the financial year ending in 2022. The analysis must focus on discussing the firm's reporting and disclosure practices on revenue. In the discussion,...

Answered: 1 week ago

Question

★★★★★

The score for a grad school entrance exam is normally distributed with mean 75 and standard deviation 10. What fraction of these score lies between 80 and 90.

Answered: 1 week ago

Question

★★★★★

What is the first element in the architecture of a loyalty program? Select one: a. SMART analysis. b. SWOT analysis. c. Initial business case. d. Strategic planning

Answered: 1 week ago

Question

★★★★★

Find the unit tangent vector to the curve at the specified value of the parameter. (Give your answers correct to 3 decimal places.) r(t) i+6j, t=2 = Enter a number. Submit Answer -/6 Points] DETAILS...

Answered: 1 week ago

Question

★★★★★

For the gear and shaft assembly shown in the following figure, Fc = 750 N. Determine the reaction forces the bearings at locations "B" and "D" apply to the shaft. z do D Gear 1 50-mm dia. bazius 45...

Answered: 1 week ago

Question

★★★★★

Use the stock table below to answer parts a through g. Assume that the data for Company XYZ stock came from an online quote you looked at during lunch. Last Change %Change 14.39 +0.27 1.91 Open High...

Answered: 1 week ago

Question

★★★★★

An owner decided to franchise it to become a chain of seven furniture shops in Australia with a total of 85 employees and $49,600 revenue each day. Some franchises have been around for 3 years while...

Answered: 1 week ago

Question

★★★★★

4. Give an example of how the consistency principle can be used to influence others.

Answered: 1 week ago

Question

★★★★★

6. Give an example of how the liking principle can be used to influence others.

Answered: 1 week ago

Question

★★★★★

5. Give an example of how the consensus principle can be used to influence others.

Answered: 1 week ago

Previous Question Next Question