Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

What is the present value (PV) of $50,000 received ten years from now, assuming the interest rate is 5% per year? A. $26,091 B. $53,717

What is the present value (PV) of $50,000 received ten years from now, assuming the interest rate is 5% per year? A. $26,091 B. $53,717 C. $30,696 D. $32,500

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

Health Care Finance Economics And Policy For Nurses

Authors: Betty Rambur

2nd Edition

0826152538, 978-0826152534

More Books

Students also viewed these Finance questions

Question

★★★★★

1. A plane is flying due north at 325 km/h and encounters a wind from the south at 45 km/h. What is the planes new velocity with respect to the ground in standard position? 2. A plane is flying due...

Answered: 1 week ago

Question

★★★★★

Java Write a class called SoccerTeam that creates a randomized roster of players from these lists of positions, numbers, and names: names :Smith, Johnson, Lance, Todd, McDonald Numbers: 95,61,6,89,93...

Answered: 1 week ago

Question

★★★★★

Define equity shares as per the accounting standard FAS 115.

Answered: 1 week ago

Question

★★★★★

Erica Stone works in an accounts payable department. She has attempted to convince her boss to take the discount on the 3/10 net 45 credit terms most suppliers offer, but her boss argues that giving...

Answered: 1 week ago

Question

★★★★★

Rational consumers are assumed to maximize their q , total utility. marginal utility. average utility. utility bills.

Answered: 1 week ago

Question

★★★★★

You've been assigned to write a research paper for your Intermediate Accounting class. You have been assigned "fair value measurements" and are supposed to begin your research in the Codification. In...

Answered: 1 week ago

Question

★★★★★

Write a program to check an input year is leap or not.

Answered: 1 week ago

Question

★★★★★

Write short notes on departmentation.

Answered: 1 week ago

Question

★★★★★

What are the factors affecting organisation structure?

Answered: 1 week ago

Question

★★★★★

What are the features of Management?

Answered: 1 week ago

Question

★★★★★

Briefly explain the advantages of 'Management by Objectives'

Answered: 1 week ago

Question

★★★★★

Develop a persuasive topic and thesis Evaluate your listeners and tailor your speech to them

Answered: 1 week ago

Question

★★★★★

B Do you think user-generated content is more persuasive to people in their twenties than traditional advertisements? Do you think it is more persuasive to people in other age groups as well?

Answered: 1 week ago

Question

★★★★★

Persuasive Speaking Organizing Patterns in Persuasive Speaking?

Answered: 1 week ago

Previous Question Next Question