FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the present value of $5000 to be recieved in 7 years, if the interest rate is 10% p.a, compounded weekly? 1: $2485 2:

What is the present value of $5000 to be recieved in 7 years, if the interest rate is 10% p.a, compounded weekly? 1: $2485 2: $1500 3: $2566 4: $2291

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

Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio

Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio

Authors: Robert A.Weigand

1st edition

ISBN: 978-111863091, 1118630912, 978-1118630914

More Books

Students also viewed these Finance questions

Question

★★★★★
Give three examples of projects not given in the text. Are these projects unique, or are they repeated in some way?

Answered: 1 week ago

Question

★★★★★
the question is belo3w In 1990, the average math SAT score for students at one school was 496. Five years later, a teacher warm; to perform a hypothesis test to determine whether the average SAT...

Answered: 1 week ago

Question

★★★★★
Should balance sheet always balance?

Answered: 1 week ago

Question

★★★★★
Empire Company is a manufacturer of smart phones. Its controller resigned in October 2017. An inexperienced assistant accountant has prepared the following income statement for the month of October...

Answered: 1 week ago

Question

★★★★★
Question 1 A bond has a face value of 100 with a 6% coupon rate. The maturity is 4 years. The coupon payment is made at the end of each period. The interest rate is currently 5%. a. Calculate the...

Answered: 1 week ago

Question

★★★★★
2. Refer to the cash ows in #1. Assume the discount rate is 25%, calculate the discount payback period. a. 1 31'. b. 2 ars. C. 2.25 ears. d. 2.47 years

Answered: 1 week ago

Question

★★★★★
These problems start with a bidiagonal n by n backward difference matrix D = I - S. Two tridiagonal second difference matrices are DDT and A = -S+21-ST. The shift S has one nonzero subdiagonal Si,i-1...

Answered: 1 week ago

Question

★★★★★
BTE Tax Partners is a tax accounting firm. The firm specializes in personal tax and corporate tax. The division is supported by three support departments: Billing, HR, and IT. You are the finance...

Answered: 1 week ago

Question

★★★★★
Baleen Company supplied the following data at the end of the current year: Sales commissions $12,000 Sales revenue 120,000 Research and development 17,000 Finished goods inventory, Jan. 1 7,500...

Answered: 1 week ago

Question

★★★★★
The U.S. Department of Agriculture urges the use of process costing together with: Multiple Choice None of these answers are correct. Standard costing. Activity-based costing. Normal costing....

Answered: 1 week ago

Question

★★★★★
Campbell Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,300 containers follows. Unit-level materials...

Answered: 1 week ago

Previous QuestionNext Question