Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 30, 2024

What is the present value (PV) of $100,000 received two years from now, assuming the interest rate is 10 % per year? $84,331 $82,644 $121,000

What is the present value (PV) of $100,000 received two years from now, assuming the interest rate is 10 \% per year? $84,331 $82,644 $121,000 $117,528

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

Principles Of Commercial Real Estate Finance

Authors: Gail Ramshaw, Mortgage Bank

1st Edition

0793157099, 9780793157099

More Books

Students also viewed these Finance questions

Question

★★★★★

The following transactions pertain to the operations of Ewing Company for 2016: 1. Acquired $30,000 cash from the issue of common stock. 2. Provided $65,000 of services on account. 3. Paid $22,000...

Answered: 1 week ago

Question

★★★★★

What topics of interest can you use CPM Theory to investigate?

Answered: 1 week ago

Question

★★★★★

2. Appreciate the principal research methods used to explore the way in which offenders with IDD respond to assessment and treatment

Answered: 1 week ago

Question

★★★★★

In what types of situations is conducting a census more appropriate than sampling? When is sampling more appropriate than taking a census?

Answered: 1 week ago

Question

★★★★★

TAL distributor database 21. Display the item number, description, category and quantity on hand for all games. 22. Display the item number, description, category and quantity on hand for all...

Answered: 1 week ago

Question

★★★★★

Adirondack Savings Bank ( ASB ) has $ 1 million in new funds that must be allocated to home loans, personal loans, and automobile loans. The annual rates of return for the three types of loans are 4...

Answered: 1 week ago

Question

★★★★★

Suppose that, in each period, the cost of a security either goes up by a factor of u = 2 or down by a factor d = 1/2. Assume the initial price of the security is $100 and that the interest rate r is...

Answered: 1 week ago

Question

★★★★★

Sarik was surprised by how many conversations it took to make a deal with CorpCo. What pitfall did Sarik experience?

Answered: 1 week ago

Question

★★★★★

I am responsible for paying all the bills at my company. I notice that we, the buyers, have received a shipment for which the bill of lading says, "freight prepaid". Am I correct that we will be...

Answered: 1 week ago

Question

★★★★★

Situation Roles: You = Account Manager at Amazon Para = Marketing Director at Blue Intelligence, Inc. Taylor = Your manager at Amazon Background: In addition to concerns over higher costs during your...

Answered: 1 week ago

Question

★★★★★

How can job costs be misrepresented? a.) Recording cost information for cost control. b.) Stating the level of completion to show performance. c.) Charging costs to the wrong jobs. d.) Assigning...

Answered: 1 week ago

Question

★★★★★

a. On the dominance continuum, place a mark where you feel she belongs.

Answered: 1 week ago

Question

★★★★★

b. On the sociability continuum, place a mark where you feel she belongs.

Answered: 1 week ago

Question

★★★★★

2. Evaluate how the original problem could have been intercepted before it became a health care crisis.

Answered: 1 week ago

Previous Question Next Question