Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 03, 2024

. What is the present value of $1,800 per year, at a discount rate of 12 percent, if the first payment is received 4 years

. What is the present value of $1,800 per year, at a discount rate of 12 percent, if the first payment is received 4 years from now and the last payment is received 22 years from now?

$2,453.15
$9,437.07
$9,248.32
$13,258.40
$9,288.31

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

Bitcoin Cash What You Need To Know About Bch

Authors: Alexander O. M.

1st Edition

1976721229, 978-1976721229

More Books

Students also viewed these Finance questions

Question

★★★★★

In June, Sara's Sodas produced 4.5 million liters of the beverage. Materials cost were $340,000 And manufacturing overhead was $1,525,000. The cost per liter was $0.43. Required What was the labor...

Answered: 1 week ago

Question

★★★★★

The present value of the stream of monopoly profits from this design is thought to be $500 million. Enginola (which is currently in a completely different segment of the microprocessor market from...

Answered: 1 week ago

Question

★★★★★

2. Federal law grants immunity from service of process to certain representatives of foreign governments, their families, and members of their households. The scope of the immunity was at issue in...

Answered: 1 week ago

Question

★★★★★

You are considering the purchase of an apartment complex. The following assumptions are made: The purchase price is $1,000,000. Potential gross income (PGI) for the first year of operations is...

Answered: 1 week ago

Question

★★★★★

. What is the present value of $1,800 per year, at a discount rate of 12 percent, if the first payment is received 4 years from now and the last payment is received 22 years from now? $2,453.15...

Answered: 1 week ago

Question

★★★★★

During the 2010-2014 period, the federal reserve purchased long-term treasury securities as part of the quantitative easing program true or false

Answered: 1 week ago

Question

★★★★★

1. Explain the concept of social problem. 2. Write the causes of social problem. 3. Bring out the extent of drug abuse. 4. Explain the effect of alcoholism. 5. Explain the magnitude of AIDS in our...

Answered: 1 week ago

Question

★★★★★

1 how does the wind become use full to us ? 2. What are the damages caused by wind ?

Answered: 1 week ago

Question

★★★★★

1. Explain the significance of Business Economics. 2.Discuss the importance of production function. 3. Describe the determinants of demand. 4. Elaborate elasticity of demand. 5. Discuss about the...

Answered: 1 week ago

Question

★★★★★

1. Television more Over watching faceing of many problems ?

Answered: 1 week ago

Question

★★★★★

Is there a link between chronic stress and memory function?

Answered: 1 week ago

Previous Question Next Question