Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 23, 2024

what is the value 3 years from now of $ 5 0 to be received 6 years from now, if the discount rate is 9

what is the value

3

years from now of $

50

to be received

6

years from now, if the discount rate is

9 % ?

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

Secured Finance Transactions Key Assets And Emergin Markets

Authors: Paul U Ali

1st Edition

1905783108, 978-1905783106

More Books

Students also viewed these Finance questions

Question

What are the keys to effective self-leadership?

Answered: 1 week ago

Question

★★★★★

1. What information-gathering methods are most appropriate to learn about requirements from Reliables own management staff and other employees? From client health-care organizations? From suppliers?...

Answered: 1 week ago

Question

★★★★★

what is the value 3 years from now of $ 5 0 to be received 6 years from now, if the discount rate is 9 % ?

Answered: 1 week ago

Question

★★★★★

1-Which of the following is not included among the duties of an agent? a.The agent must not go against specific instructions. b.The agent is free to delegate responsibility to perform the contract....

Answered: 1 week ago

Question

★★★★★

Gross amount of invouce is $ 8 5 0 . there is no freight charge. date of invoice is 8 / 4 . terms of invoice are 3 / 1 0 , 2 / 1 5 and n / 3 0 . date of payment is 8 / 1 8 . find the cash discount....

Answered: 1 week ago

Question

★★★★★

A daily magazine stand contractor has newspaper stands along various stations on a train route. The demand for magazines is normally distributed and comes from three different forecasting models....

Answered: 1 week ago

Question

★★★★★

A photo frame production line operates 10 hours per day, 5 days per week and can produce 230 televisions per hour. In a typical day, employees have two 30-minute coffee breaks and one 1-hour lunch...

Answered: 1 week ago

Question

★★★★★

FAST DELIVERY SERVICES delivers packages in the city area and hires drivers to make deliveries. Variable costs has been budgeted and an average standard time has been established to make a delivery....

Answered: 1 week ago

Question

★★★★★

Calculate a 90% confidence level. What is the T-Confidence level? Column1 Mean 29347.5 Standard Error 5974.512153 Median 25325 Mode #N/A Standard Deviati 18893.06631 Sample Variance 356947954.7...

Answered: 1 week ago

Question

★★★★★

Discuss how business practices such as outsourcing and offshoring affect business communication. (Objective 1)

Answered: 1 week ago

Question

★★★★★

The company for which you work has offered you two tickets to a sold-out event (e.g., a concert, an NFL game). Two of your friends know you have the tickets; each wants to be the person you invite to...

Answered: 1 week ago

Question

★★★★★

Ethics. Picture yourself as the author of the Ask Andy column in your company newsletter. This month, you receive a letter from Edna, who writes, Im tired of all the office politics here. I think...

Answered: 1 week ago

Previous Question Next Question