adud adud
  • 16-07-2017
  • Mathematics
contestada

What is the present value of the right to receive four equal payments (annuity due)
of $1,000 per period, discounted at a rate of 10 percent per period? (Round your
answer to the nearest cent.)

Respuesta :

sidramehdiostozp
sidramehdiostozp sidramehdiostozp
  • 16-07-2017
it is $3,486.85
1000*(1-1/1.1^4)/.1*1.1
Answer Link

Otras preguntas

Which of there statments are not true about chemical rates? a.the reaction rates are always constant b. the reaction rates decrease c. the reaction rates can
Diseases caused by __________ cannot be treated with antibiotics.
What is replica plating
A personal narrative is written from which point of view? 1st person 3rd person limited 2nd person 3rd person omniscient
Which property is a chemical property of copper?
which of the following is true of the commutative property under subtraction A: 10 - 9 = 10+9B: 10-9 is not = 9-10C: 10+9= 10+9D: 10-9= 10-9
Kyle's lunch cost $14.62. what is his total cost with 15% tip? a: $18.65 b: $19.40 c: $16.81
what is 4 divided by 1/3
the earth's crust is part of which sphere?
Why do people name storms?