If the interest rate is 9%, what is the present value of $500 paid in year 5?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

See More Books

Question Posted: Oct 12, 2018 01:35 PM

See More Questions

A 10-year annuity pays $2,500 per month, and payments are made at the end of each month. If the interest rate is 9 percent compounded monthly for the first four years, and 7 percent compounded...
A 15-year annuity pays $1,475 per month, and payments are made at the end of each month. If the interest rate is 9 percent compounded monthly for the first seven years, and 6 percent compounded...
A 10-year annuity pays $1,725 per month, and payments are made at the end of each month. If the interest rate is 9 percent compounded monthly for the first four years, and 7 percent compounded...
Question 2: The following term structure of spot rates is prevailing in the economy: Horizon (years) 1 2 3 Yield (%) 3 4 5 This means you can trade zero coupon bonds with face values of $1000 at...
PEZ Candy Inc. produces the popular small candy that is dispensed in collectible flip-top dispensers. In the United States, PEZ candies are produced in a factory in Connecticut. Over 3 billion of the...
Nutrients dissolved in water are carried to upper parts of plants by tiny tubes partly because of the capillary effect. Determine how high the water solution will rise in a tree in a...
During a refrigeration cycle, heat is rejected by the refrigerant in (a) compressor (b) condenser (c) evaporator (d) expansion valve
Jamie is considering leaving her current job, which pays $ 75,000 per year, to start a new company that develops applications for smart phones. Based on market research, she can sell about 50,000...
You recently overheard that your company's competitors have started to purchase their materials from an online marketplace. You identify your company's top three products and collect information...
in case of the battery lifetime for company X is significantly lesser than that the battery lifetime for company Y, the following action items are suggested. Install an R&D team for the following...
Today you deposited $1,000 in a savings account paying 5% annual interest. How much should you have at the end of three years?
If the interest rate is 10.5%, what is the twoyear discount rate?
The graph of the function f is shown below. The graph of g(x) = - 1/2 f(x) + 1 is which of the following? a. b. c. d. 3-2 y: 54321 5 y: 5432 2345 1 y 5432 5 4. 3211.2.3
3. The orbit of a comet is a curve f(t) = (2 sint, cost). (a) What is the velocity of a comet as a function of time? (b) What is the acceleration of the comet as a function of time? (c) When are the...
Accounting type Question: What is the underlying concept that support the immediate recognition of an estimated loss? A . Substance over form B . Consistency C . Matching D . Prudence
A method declaration has ( check all that are correct ) : Group of answer choices An optional access speci er which, if not present, defaults to package access. Parentheses ( ) - with or without a...
Switch to the atomic scale setting, if you are using the Coulomb's law simulator. You have two charges, one of size -2e, and one of size 8e. They are separated by a distance of 31 pm. Calculate the...
32. The frequency and amplitude, respectively, of a sound wave affects the: iq A A) Loudness and pitch B) Pitch and loudness Volume and pitch D) Pitch and wavelength E) Wavelength and speed una sdt be
A BS has a 900 MHz transmitter and a vehicle is moving at the speed of 50 mph. Compute the received carrier frequency if the vehicle is moving (a) Directly toward the BS. (b) Directly away from the...
Gopher, Inc. developing its upcoming budgeted Costs of Quality (COQ) with the following information: Expense Item Budget Raw Materials Inspection $ 15,000 EPA Fine 200,000 Design Engineering 15,000...
What is the future worth of the following series of payments? (a) $6,000 at the end of each year for 5 years at 8% compounded annually (b) $4,000 at the end of each year for 12 years at 6.25%...
What equal annual series of payments must be paid into a sinking fund to accumulate the following amounts? (a) $32,000 in 15 years at 8% compounded annually (b) $55,000 in 10 years at 6% compounded...
Part of the income that a machine generates is put into a sinking fund to replace the machine when it wears out. If $2,000 is deposited annually at 6% interest, how many years must the machine be...
1. Write a Java program that will prompt the user for a number and print out a square with those dimensions. For example, if the user enters 5, return the following: * * * ** ** * * * * * * * * * * *...
2. Vector multiplication or dot product is performed by multiplying corresponding elements and summing the products. It can be represented mathematically as oa; *bi where a and b are vectors of...
The following data was collected from an experiment testing the hypothesis: The density of cream whipped for 5 minutes increases at higher altitudes. What would be an acceptable interpretation of...

If the interest rate is 9%, what is the present value of $500 paid in year 5?

Question:

Step by Step Answer:

F 500...View the full answer

Fundamentals of Engineering Economics

Students also viewed these Business questions