What is the present value of $100 one year from now if the interest rate is 10%?
Question:
What is the present value of $100 one year from now if the interest rate is 10%? What is the present value if the interest rate is 5%?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 91% (12 reviews)
At an interest rate ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The following questions are used in the Kaplan CPA Review Course to study the time value of money while preparing for the CPA examination. Determine the response that best completes the statements or...
-
What is the present value of $100 to be received in 3 years if the appropriate interest rate is 10%?
-
Solve the following crossword. (Round your final answers to the nearest dollar, but do not round intermediate calculations.) ACROSS 1. A rich uncle has promised to pay you $3,160 a year for the next...
-
The bookkeeper of Cinnamon Ltd. who is usually responsible for the bank reconciliation is on holiday. Before she left she asked you to do this task for her. On March 31, you are given the bank...
-
This case describes a company that must reduce its workforce due to the 2008 global recession. The approach used was global in nature, and downsizing efforts were highly coordinated and consistent...
-
Reference [192] studies wind power prospects for several locations in Saudi Arabia, among them Yenbu (Y) and Al Qaysumah (A). They report Weibull parameters measured at a height of 10 m: Y 5.9 m/s,...
-
Describe the six-step IT strategic planning process.
-
On January 1, Patterson Corporation acquired 80 percent of the 100,000 outstanding voting shares of Soriano, Inc., in exchange for $31.25 per share cash. The remaining 20 percent of Sorianos shares...
-
Identify the following; MethodBodyReturn statementReturn typeParameter Look at this example we saw in our Methods lesson: public double findTheArea (double length, double w idth) { double area =...
-
A Global private bank is aggressively looking to leverage technology to improve customer experience and reduce operational costs. Over the last few years, it has tied up with at least five startups...
-
A consumer, who is initially a lender, remains a lender even after a decline in interest rates. Is this consumer better off or worse off after the change in interest rates? If the consumer becomes a...
-
In many communities, a restaurant that sells alcoholic beverages is required to have a license. Suppose that the number of licenses is limited and that they may be easily transferred to other...
-
In 2015, your client, Clear Corporation, changed from the cash to the accrual method of accounting for its radio station. The company had a positive 481 adjustment of $2.4 million as a result of the...
-
Using the following information and the trial balance accounts and balances in the work sheet provided, complete the work sheet. a. Expired insurance totals $520. b. Of the unearned revenue, 50% has...
-
7) Use your Excel workbook to find the following expected value and standard deviations. a) The payout for Powerball on certain days. Thanks to Bill Durango(httpsww.bill.com/albs.html) for having the...
-
Given the graph of y = f(x), shown as a red dashed curve, drag the movable blue point to obtain the graph of y = f(x-4) + 3. Provide your answer below: -10 RESET -5 10 -10 5 10 FEEDBACK
-
Parametrized Curves] Use a method from the Problem Section on 13.1 to parametrize the curve obtained by intersecting the cylinder x + y = 1 and the saddle surface z = y-x. [Hint: You may find that a...
-
On Friday of the fourth week from your starting date, simulate a $50,000 purchase of SPIDERS (Trading symbol SPY). SPIDERS stands for shares of an Exchange Traded Fund traded in the AMEX. SPIDERS...
-
According to the U.S. Department of Transportation, the median age of automobiles and trucks on the road in the United States is about 8 years. The ages for a random sample of vehicles in the...
-
Suppose the spot and six-month forward rates on the Norwegian krone are Kr 5.78 and Kr 5.86, respectively. The annual risk-free rate in the United States is 3.8 percent, and the annual risk-free rate...
-
The pricing game between two firms, which can each set either a low or a high price, is given by the following normal form. a. Find the Nash equilibrium or equilibria of the game. b. How would you...
-
Refer to Figure. Suppose demand is Q = 10,000 1,000P and marginal cost is constant at MC = 6. From the given demand curve, one can compute the following marginal revenue curve: MR = 10 Q/500 a. Graph...
-
Return to the example used in the text for the Cournot model, where demand was equal to Q = 120 P Suppose that instead of costless production, marginal and average costs are constant at MC = AC = 30...
-
As manager of a hotel, you have noticed that persons suspected to be prostitutes are seen frequently in your hotel lobby and bar. What are your options, considering legal issues and business...
-
Bakrah El Hib, aged 61, was driving to work on 2nd August when he was struck by Yunis Khallah's car at the Wallchild roundabout at 8:30 am. As a result of the summer school holidays, the roundabout...
-
In Texas, on his annual renewal form, an RN stated that he got a second DWI 9 months ago. What do you tell him will be the most likely decision as to his license? If you are not in the state of...
Study smarter with the SolutionInn App