What is the present value of $100 of benefit available 50 years from now? You may use
Question:
What is the present value of $100 of benefit available 50 years from now? You may use discount rates of 1 percent and 3 percent.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
To calculate the present value of a future benefit you can use the formula for pr...View the full answer
Answered By
Owino Otieno
My proficiency as a tutor lies in my ability to understand and respond to questions, provide explanations, and offer detailed information on various topics. I can help with academic subjects such as mathematics, science, history, literature, and more. I can also provide assistance with writing, proofreading, and language learning.
I am capable of adapting to different learning styles and can present information in a clear and concise manner. I can break down complex concepts into simpler terms, provide examples and illustrations, and engage in interactive discussions to enhance the learning experience. Additionally, I can offer guidance on problem-solving strategies, critical thinking, and exam preparation.
0.00
0 Reviews
10+ Question Solved
Related Book For
Sustainable Engineering Principles And Practice
ISBN: 9781108420457
1st Edition
Authors: Bhavik R. Bakshi
Question Posted:
Students also viewed these Engineering questions
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
A mass M = 8.00 kg block starts at the top of a smooth curved ramp and is released at rest as shown in the figure. It slides down the ramp and onto a horizontal floor that has a rough patch (s =...
-
Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
-
If a quantity is measured to be Q and its exact value is A, then the relative error in Q is If the exact value is A = 35 and you want the relative error in Q to be less than or equal to 0.02 (or 2%),...
-
Two wires have the same length and the same resistance. One is made from aluminum and the other from copper. Obtain the ratio of the cross-sectional area of the aluminum wire to the cross-sectional...
-
The percentage of sales dollars (gross income) left after subtracting the cost of goods sold and all expenses, except income taxes is called gross margin ratio. T F
-
Deceiving subjects. Students sign up to be subjects in a psychology experiment. When they arrive, they are told that interviews are running late and are taken to a waiting room. The experimenters...
-
Refer to Problem 1.13. The pay will be $8 per hour for employees. Charles Lackey can also improve the yield by purchasing a new blender. The new blender will mean an increase in his investment. This...
-
Exercise 6-7 Target Profit Analysis (L06-6) Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The company's monthly fixed expense...
-
Consumer Research, owned by Chandler Robertson, is retained by large companies to test consumer reaction to new products. On January 31, 20X1, the firms worksheet showed the following adjustments...
-
State three conditions that need to be satisfied for a free market to be optimally efficient.
-
Explain the terms demand curve, marginal cost curve, and market equilibrium.
-
A city levies property taxes of $4 billion in June 2015 for its scal year beginning July 1, 2015. The taxes are due by January 31, 2016. The following (in millions) indicates actual and anticipated...
-
Admin Support Cereal Bars Square Foot 1,250 1,500 7,500 7,000 # of employees 14 11 42 59 # of machine batches 0 0 14 27 # of computers 17 21 35 30 Costs 32,000.32 21,740.21 The Support department...
-
Compare and contrast the differences between innovation and creativity. Does one lead to the other? If so, please explain. Why is innovation important? Who within the organization is responsible for...
-
Using the tables from Check your Consumer Surplus and Producer Surplus activities, find the equilibrium price and quantity in the market for cheese-stuffed jalapeno peppers. What is the total surplus...
-
We decided to use Gehan's two-stage design for this purpose. In the first stage, we will discard the new treatment if no patient out of n0 patients. Suppose the probability we can tolerate to discard...
-
Claude Haridge was involved in a demonstration. He threw a paint balloon at a bus and some of the paint flecks hits a nearby officer, so Haridge was transported to police cells. At the cells Special...
-
The financial statements of The North West Company Inc. are presented in Appendix A at the end of this textbook. Instructions (a) What depreciation method does North West use? (b) Identify the...
-
a. Show that the expansion of q(x) in ascending powers of x can be approximated to 10 2x + Bx 2 + Cx 3 where B and C are constants to be found. b. Find the percentage error made in using the series...
-
Who designs and installs accounting systems?
-
Generally describe and give several examples of external users of accounting information?
-
What are the two primary -external groups to which financial accounting information is directed?
-
Create a Data Table to depict the future value when you vary the interest rate and the investment amount. Use the following assumptions: Interest Rates: Investment Amounts:-10.0% $10,000.00 -8.0%...
-
Isaac earns a base salary of $1250 per month and a graduated commission of 0.4% on the first $100,000 of sales, and 0.5% on sales over $100,000. Last month, Isaac's gross salary was $2025. What were...
-
Calculate the price, including both GST and PST, that an individual will pay for a car sold for $26,995.00 in Manitoba. (Assume GST = 5% and PST = 8%) a$29,154.60 b$30,234.40 c$30,504.35 d$28,334.75...
Study smarter with the SolutionInn App