CHICHITYGA3871 CHICHITYGA3871

18-03-2020
Business

contestada

What is the present value of $1,400 a year at a discount rate of 8 percent if the first payment is received 7 years from now and you receive a total of 23 annual payments

Respuesta :

25-03-2020

Answer:

P V = 1669,5

Explanation:

After seven years, future payment will be 9800$ and from there on we will have 23 annual payments more:

P V = 9800/(1+0.08)^23 = 9800/5,87 = 1669,5

Answer Link

Otras preguntas

Gwen says that the sum of -1 3/4 and 2 1/2 is the same as the difference between 2 1/2 and 1 3/4. Is Gwen correct? Explain why or why not.

Can you come up with a mathematical relationship, based on your data that shows the relationship between distance from the charges and electric field strength?

Will mark the brainliest And thank you:)

In each pair of statements, choose the example that is more reliable. Statement 1 The company Herbal Remedies Inc. announced today that its antiobesity skin tr

Parallel rays of monochromatic light with wavelength 582 nm illuminate two identical slits and produce an interference pattern on a screen that is 75.0 cm from

When converting 3.45 pounds to grams you need to know that 1 pound is equal to 453.6 grams. What would go on the bottom (denominator) of the first conversion fa

You purchased a stock at a price of $54.24. The stock paid a dividend of $1.39 per share and the stock price at the end of the year is $48.78. What are your cap

What are three examples of a muckracker

if real gdp per capita in the united states is $8,000, what will real GDP per capita in the united states bea fter 5 years at an annual growh rate of 3.2%

On January 1 of the current year, Paisley Company issues a 4-year, non-interest-bearing note with a face value of $7,000 and receives $4,852 in exchange. The re