Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 02, 2024

What is the present value of $25,250,300 to be received 73 years from now if the interest rate is 22.5 percent? $12,566.60 $10,454,550.25 $9.30 $8,500,000

What is the present value of $25,250,300 to be received 73 years from now if the interest rate is 22.5 percent? $12,566.60 $10,454,550.25 $9.30 $8,500,000 25 $8.987.000.45

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

Info Business Fast Startup Guide For Beginners

Authors: Mr. Oleg Kolpakov

1st Edition

1539887685, 978-1539887683

More Books

Students also viewed these Finance questions

Question

Describe acceptance and define the UCCs additional terms rule and written confirmation rule.

Answered: 1 week ago

Question

★★★★★

Datarite, a maker of computer hardware systems, sells its products to dealers who in turn sell to the final customer. Datarite offers very liberal credit terms and allows its dealers to take up to 90...

Answered: 1 week ago

Question

★★★★★

What is the present value of $25,250,300 to be received 73 years from now if the interest rate is 22.5 percent? $12,566.60 $10,454,550.25 $9.30 $8,500,000 25 $8.987.000.45

Answered: 1 week ago

Question

★★★★★

During the year a company's inventory increased by $6,000,000.Its accounts payable increased by $5,000,000 during the year.For the year cost of goods sold was $25,000,000.What amount of cash was paid...

Answered: 1 week ago

Question

★★★★★

As the new Head Chef of an Aged care facility, one of your main duty is to develop cyclic menus for the residents. The Aged care facility have 20 in-house resident as follows: Residents name Diet...

Answered: 1 week ago

Question

★★★★★

Q1- Assume a constant dividend per share for a firm at $ 2.69; the weighted average cost of capital as 16.The expected growth rate for the firm is 9.48.Determine the market price for the firm. Q2-...

Answered: 1 week ago

Question

★★★★★

Lotus company incurred the following maintenance costs during the past 9 months: Table 1 Months Room occupancy 1 120 2 210 3 50 4 160 5 430 Cost $ 4560 9780 2920 8280 20320 6789 6 80 3920 325 17140...

Answered: 1 week ago

Question

★★★★★

Gibbs' Theory of Reflection emphasizes that reflection should be: Question 4Answer a. A solitary and individual process b. Limited to specific timeframes and deadlines c. Integrated into ongoing...

Answered: 1 week ago

Question

★★★★★

A _____________________ integrates measures into a relatively simple way of tracking the critical success factors. Kaplan and Norton believe four categories of goals and measurement data need to be...

Answered: 1 week ago

Previous Question Next Question