Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 13, 2024

What's the present value of $20,000 discounted back 5 years if the appropriate interest rate is 4-5%, compounded semiannually? Select the correct answer. O a.

image text in transcribed

What's the present value of $20,000 discounted back 5 years if the appropriate interest rate is 4-5%, compounded semiannually? Select the correct answer. O a. $12.878.55 O b. $12.850.15 O c. $12.864.35 d. $12.871,45 O e $12.857.25

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

Competing On Analytics The New Science Of Winning

Authors: Thomas H Davenport, Jeanne G Harris, Gary Loveman

1st Edition

1422103323, 9781422103326

More Books

Students also viewed these Finance questions

Question

★★★★★

Why the Marketing Communicator does needs to know the target market's readiness stage? Give an example of an ad targeting that stage.

Answered: 1 week ago

Question

★★★★★

9. The beta weight, or , provides information about the direction and strength of influ- ence for each independent variable.

Answered: 1 week ago

Question

★★★★★

1. Describe the variables that have been measured in this survey. Are the variables quantitative or qualitative? Discrete or continuous? Are the data univariate, bivari- ate, or multivariate? Blood...

Answered: 1 week ago

Question

★★★★★

Television network CNBC and other television networks have been working to develop policies for their business correspondents and guests on their business shows because of a practice known as...

Answered: 1 week ago

Question

★★★★★

Multiple Choice Question 97 On January 1, 2018, Coronado Industries sold property to Sandhill Co, which originally cost Coronado $2800000. There was no established exchange price for this property...

Answered: 1 week ago

Question

★★★★★

(a) A machinery was acquired by A Plus at a cost of $453,000 with additional expenses incurred including: $30,000 transportation cost from Germany to the factory, $20, 500 installation cost to set up...

Answered: 1 week ago

Question

★★★★★

A) In what area of your graph was the diode forward biased? Where was it reversed biased? B) How did your threshold voltage compare with the expected value (just a lot higher, a little higher, a...

Answered: 1 week ago

Question

★★★★★

1.Does the leadership team of your organization exercise the competencies as discussed in the reading and videos? What examples can you provide that will substantiate your answer? If they do not,...

Answered: 1 week ago

Question

★★★★★

Crane Energy Company is erecting an oil platform off the coast of Texas. Crane is legally required to dismantle and remove the platform at the end of its 1 0 - year useful life. Crane estimates...

Answered: 1 week ago

Question

★★★★★

You noted: "If an executive leader can articulate a compelling vision that captures a broad spectrum of organizational members' hearts, then they will be able to better understand the subsequent...

Answered: 1 week ago

Question

★★★★★

The project is to create a stock trading system where users can buy and sell stocks. The system will support two types of users. One is the customer who will buy and sell stocks and second is the...

Answered: 1 week ago

Question

★★★★★

What do Emmas and Jeremys responses to Kate suggest about their acceptance of her views of them?

Answered: 1 week ago

Question

★★★★★

Identify examples of reflected appraisal in this scenario. What appraisals of her son and daughter does Kate reflect to them?

Answered: 1 week ago

Question

★★★★★

What is the typical process of friendship development?

Answered: 1 week ago

Previous Question Next Question