Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 29, 2024

What is the present Value of $ 9 , 0 0 0 at the end of 6 years with an interest rate of 8 %

What is the present Value of $

9, 000

at the end of

6

years with an interest rate of

8 % ?

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

Analysing Financial Performance Using Integrated Ratio Analysis

Authors: Nic La Rosa

1st Edition

0367552523, 978-0367552527

More Books

Students also viewed these Accounting questions

Question

★★★★★

Describe the double-extension and link-chain methods used in dollar-value LIFO and when each should be used.

Answered: 1 week ago

Question

★★★★★

Steve and Kay Briar, U.S. citizens, were married for the entire calendar year. During the year, Steve gave a $30,000 cash gift to his sister. The Briars made no other gifts in the year. They each...

Answered: 1 week ago

Question

★★★★★

Why are the productivity important?

Answered: 1 week ago

Question

★★★★★

On April 1, 2010, West Co. purchased $160,000 of 6% bonds for $166,300 plus accrued interest as an available-for-sale security. Interest is paid on July 1 and January 1 and the bonds mature on July...

Answered: 1 week ago

Question

★★★★★

1. A newtonian fluid is flowing at steady state in between the annular space of two pipes as shown in the figure. The radius of the inner pipe is R and the radius of the outer pipe is R. Derive the...

Answered: 1 week ago

Question

★★★★★

I am trying to use R studios to answer this. The maintenance manager at a trucking company wants to build a regression model to forecast the time until the first engine overhaul (Time in years) based...

Answered: 1 week ago

Question

★★★★★

Find dy/dx if x = te, y = 2t2 +1

Answered: 1 week ago

Question

★★★★★

Problem 3. (15 pts) Find the responses of systems governed by the following equations of motion for the initial conditions x(0) = 1, x(0) = -1: a. 2x8x + 16x = 0 b. 3x + 12x + 9x = 0 c. 2x+8x+8x= 0

Answered: 1 week ago

Question

★★★★★

Show that an n n linear system Ax = b over the complex numbers can be written as a 2n 2n system over the real numbers. Hint: split the matrix and the vectors in their real and imaginary parts. Argue...

Answered: 1 week ago

Question

★★★★★

Five mutually exclusive cost alternatives have a 6-year useful life and no salvage value. The equivalent AW for each a shown in the table below. The MARR is 6%. Which alternative should be selected?...

Answered: 1 week ago

Question

★★★★★

An electric field with magnitude 500,000 N/C causes a point charge to hang at the angle 3 as shown in the figure below. If the charge has a mass of 2.00 g and a charge of +250 nC, what is the angle 6...

Answered: 1 week ago

Question

★★★★★

What environmental factors influenced achievement?

Answered: 1 week ago

Question

★★★★★

Data points include: implementation data, impact (achievement) data including formative and summative data

Answered: 1 week ago

Question

★★★★★

Data points include: state assessments including subgroups

Answered: 1 week ago

Previous Question Next Question