Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 13, 2024

What is the present value of $ 4,000 paid at the end of each of the next 68 years if the interest rate is 10

What is the present value of $ 4,000 paid at the end of each of the next 68 years if the interest rate is 10 % per year?

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

A Guide To Starting Your Hedge Fund

Authors: John Thompson, Erik Serrano Berntsen

1st Edition

0470519401, 978-0470519400

More Books

Students also viewed these Finance questions

Question

★★★★★

Each month, senior managers at Vermont Wireless Technologies review cost reports for the companys various departments. The report for the human resource (HR) group for April is as follows: Human...

Answered: 1 week ago

Question

★★★★★

LO13.4 Design your reports to aid in decision making.

Answered: 1 week ago

Question

★★★★★

A member of the city commission insists that the citys internal service fund prepare and submit a budget for commission approval. The commissioner argues that it is only through the budget that the...

Answered: 1 week ago

Question

★★★★★

What is the present value of $ 4,000 paid at the end of each of the next 68 years if the interest rate is 10 % per year?

Answered: 1 week ago

Question

★★★★★

2018 2019 P2020 P2021 Revenues $4,000 $6,000 $10,000 $14,000 P2022 $16,000 Projected EBITDA 10.0% 15.0% 20% 20.% 20.0% Margin % Free Cash Flow $100 $700 $1,800 $2,500 $3,000

Answered: 1 week ago

Question

★★★★★

Write a MATLAB script to visualize a 3 D plot of a parametric surface representing a spherical spiral. The parametric equations for a spherical spiral are given by: x ( ? , \ theta ) = Rsin ( ? ) cos...

Answered: 1 week ago

Question

★★★★★

What are the specific activities that could make up your project? pleaselist the activities with their information on immediate predecessor andcompletion time, in both a table, and PERT chart.

Answered: 1 week ago

Question

★★★★★

from your own experience, describe a situation in which you provided a double message. Did you intentionally provide it?

Answered: 1 week ago

Question

★★★★★

Free vibration of two rotor system The flywheel of an engine driving a dynamo has mass of 200kg and has a radius of gyration of 30cm. The shaft at the flywheel end has as an effective length of 25cm...

Answered: 1 week ago

Question

★★★★★

All-A-Buzz makes three products from a joint production process using honey. Joint cost for the process for the year is $246,400. Per Unit Incremental Units of Selling Price Processing Final Sales...

Answered: 1 week ago

Question

★★★★★

identify the behaviour and results which are needed and define the rules which govern how individuals and groups behave;

Answered: 1 week ago

Question

★★★★★

be understood and accepted by employees as consistent with their values and priorities and be regarded as equitable and competitive.

Answered: 1 week ago

Question

★★★★★

provide rewards which are equitable, competitive, timely and in an appropriate form;

Answered: 1 week ago

Previous Question Next Question