Compute the following present values: a. Present value of $8,000 to be received 15 years from now.
Question:
a. Present value of $8,000 to be received 15 years from now. The appropriate interest rate is 12%.
b. Present value of $3,000 to be received at the end of each year for the next seven years.
The appropriate interest rate is 9%.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
a Amount of payment 8000 Present value factor of 1 to be received in 15 periods at 12 interest from ...View the full answer
Answered By
Veebha Pareek
Teaching is my passion as well as profession. Teaching my subject to young generation brings enthusiasm, curiosity and satisfaction to me. Being a cheerful young teacher my students can feel that energy in my each lecture. My lectures are pre- planned and systemised. I keep students on tracks with curriculum and timely monitor their performance in various creative ways. Good verbal & writing explanation capabilities makes me an extraordinary teacher.
I have work experience in chemistry subject area of more than four years. I have qualified national level examiations like GATE (AIR= 266) & CSIR-NET-JRF with awarded fellowship in year 2016 in first attempts. I am also fortunate to have an experience of working in India's one of the most reputed R&D government organisation I.e. Defence Research Development Establishment, Gwalior lab (DRDO) .
My professional history as a teacher, researcher, writer and e-faculty makes me an excellent deliver of my knowledge in the chemistry subject. Apart from this my life experiences are obviously an extra thing for students to learn.
My cheerful yet disciplined nature helps students to communicate with me very easily.
I am sure this platform will help me meet many new aspiring kids and I assure my faithfulness towards the expectations that the team & students seeks from me as a teacher/ tutor.
Thankyou so much.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Question Posted:
Students also viewed these Accounting questions
-
A person deposits $1000 at the end of each year into an annuity earning 5% interest compounded annually? How many years are required for the balance to reach $30,539? After how many years will the...
-
A woman deposits $15,000 at the end of each year for 9 years in an account paying 6% interest compounded annually. (a) Find the final amount she will have on deposit. (b) Her brother-in-law works in...
-
Problem description. The connection of the clamp and the steel sheet (Fig. 2.4) loaded by force F. The diameter of the pin d......mm, thickness of the steel sheet 1=......mm, width b=......mm,...
-
Do you think that differences in reward practices across countries reflect differences in national cultures or other influences?
-
A household appliance dealer buys microwave ovens from a manufacturer and resells them to its customers. a. The manufacturer sets a list or catalogue price of $1,500 for a microwave. The manufacturer...
-
Professional Simulation In this simulation, you are asked to address questions regarding inventory valuation and measurement. Prepare responses to all parts. KWW Professional Simulation Inventory...
-
A block of mass \(m\) slides without friction on a larger block of mass \(M\) and is attached to a pin in this block by a massless spring with spring constant \(k\). All motion is in one dimension....
-
Determine the absolute change and the percentage for theseitems. Change Analysis Item Year 1 Year 2 Amount Percent 4,000 5,000 (9,000) 7,000 (3,000) 2,000 2 15,000
-
1. Show how to cast the ERM problem of linear regression with respect to the = |h(x) y|, as a linear program; absolute value loss function, l(h, (x, y)) namely, show how to write the problem m = min...
-
In real-time interactive audio/video, what will happen if a packet arrives at the receiver site after the scheduled playback time?
-
Which one of the following statements is correct? a. Screening is the process of finding the best among available acceptable alternatives. b. Ranking is the process of determining whether an...
-
J.H. Physical Therapy Equipment, Inc., is deciding whether to invest in a certain capital investment. The investment requires an initial outlay of $55,000 and annual payments of $12,000 made at the...
-
(a) If N people, including A and B, are randomly arranged in a line, what is the probability that A and B are next to each other? (b) What would the probability be if the people were randomly...
-
INTERVIEW QUESTIONS: 1- 2- 3- 4- 5- contributions? When we worked together on Work/Project/Activity (be sure to state the specific event), what did you see as my key When we worked together, how did...
-
What are the essential skills for workplace communication? what is the communication process? what are the elements of communication? what are the barriers to effective communication? Write an...
-
Describe the communication process, explain the difference between one-way and two-way communication, and identify barriers to effective communication. 2. Identify and discuss the major...
-
Criticize the following thank-you message from a college student to a professor who has sent he a job lead. (LO6) Subject: Thanks Hey, Prof. Smith, Thanks for the hot tip on the job! I'm...
-
How do John Locke's ideas agree with the ideas of libertarianism? What is the difference between a state of liberty and a state of license? What are people not free to do in a state of nature?...
-
Which one of the following statements is most accurate? A. Ricardian equivalence refers to individuals having no idea of future tax liabilities. B. Governments do not allow political pressures to...
-
1. What is the semi-annually compounded interest rate if $200 accumulates to $318.77 in eight years? Answer in percentage with two decimal places. 2. What is the quarterly compounded interest rate if...
-
Is the Ratio Test conclusive for . n=1 - ? Is it conclusive for n! n=1 1 n + 1 -?
-
The following selected data were taken from the financial statements of The OMalley Group Inc. for December 31, 20Y5, 20Y4, and 20Y3: No dividends on common stock were declared between 20Y3 and 20Y5....
-
Macys, Inc., sells merchandise through company-owned retail stores and Internet Web sites. Recent financial information for Macys is provided below (all numbers in millions). Assume the apparel...
-
The table below shows recent stock prices, earnings per share, and dividends per share for three companies. a. Determine the price-earnings ratio and dividend yield for the three companies. Round to...
-
Quality Cabinets Inc. (Quality) manufactures custom kitchen cabinets from its location in Squamish, British Columbia. The cabinets are then sold to contractors who install them in kitchens. Bruce...
-
Wildhorse Sports has determined the following unit costs for each of its products: Pants Jerseys Jackets Direct materials $5.00 $11.00 $54.00 Direct labor 4.00 3.00 24.00 Manufacturing overhead 5.00...
-
Hindenburg Inc. is an automobile manufacturer in the city of New Orleans, Louisiana that specializes in farm-related vehicles, such as tractors, etc. They have two types of tractors Standard and...
Study smarter with the SolutionInn App