Question: 5. What is the present value you supposed to put into your bank account to receive of $38,000 in five years from now if the

5. What is the present value you supposed to put into your bank account to receive of $38,000 in five years from now if the interest rate is expected to be 4.67 %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Please complete Express Catering, Inc.s 2019 Form 1120 , U.S. Corporation Income Tax Return, based upon the information provided below. If required information is missing, use reasonable assumptions...

As a rising business reporter for a financial newspaper, you are given the task of preparing a series of articles that explain the power of time value of money. The editor would like you to address...

What factors should be considered in deciding whether the cost of capital for a foreign affiliateshould be higher, lower, or the same as the cost of capital for a comparable domestic operation?...

Need assistance with Home work. Attached is the questions Farida Chapter 5 1. Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $2,700 in the bank and leave it there (Do...

I need ALL of this completed that is a word documnet 1 FINA201 - Financial Concepts and Calculations Portfolio Project Directions and Rubric This Assessment is worth 30% of your overall grade...

FINC 331 Week 8 Quiz, Part I which entails multiple choice questions FINC 331 Week 8 Quiz 13628009756773 301935 1866146 1 175503 0 false Note: It is recommended that you save your response as you...

QUESTION 1 If you invest $100 at 12 percent for four years, how much would you have at the end of four years using compound interest? A. $269 B. 152.32 C. $193.96 D. $157.35 QUESTION 2 An initial...

QUESTION 1 If you invest $ 1 0 0 at 1 2 percent for four years, how much would you have at the end of four years using compound interest? A . $ 2 6 9 B . 1 5 2 . 3 2 C . $ 1 9 3 . 9 6 D . $ 1 5 7 . 3...

Alfajar alalmmia campany Refer to the attached financial statements then compute the following: 1. ROCE = 2. Current Ratio: 3. Quick Ratio (Acid Test Ratio): 4. Operating Cash Flow To Current...

uiz Note: It is recommended that you save your response as you complete each question. Question 1 (1 point) Which of the following is NOT a correct way of calculating a liquidity ratio? Question 1...

A. You are on the Board of Directors reviewing the performance of WestCoast Ski and Boards Inc. Analyze the following financial data of WestCoast for the 2019 and 2018 years to answer the following...

In a sequence of numbers, we say that there is a peak at index iif the value at i is greater than both the neighbouring values, at i-1 and at i+1. The first and last number in the sequence are also...

In its ninth year, the Barclaycard Business Travel Survey has become an information source for business travelers not only in the United Kingdom but internationally as well. Each year, as a result of...

Use the chain rule t o differentiate V = 3 4 h 3 with respect t o t . d V d t = Your answer cannot b e understood o r graded. More Information h 1 d h d t

Find the torque if the force vector passes through P(1,2,3) and Q(3,4,5). The one point of the displacement vector lie in the plane (3x+2y+4k-12) and the other lie in the line (x-1)/4...

Let U, V, W be vector spaces over the same field, and let f, g be linear maps as follows: Uv4 w, with the property that gof = 0. 1. Prove that Im(f) C Null(g), and give an explicit example of vector...

You initiated a transaction to purchase a 4.000% coupon 30-year corporate bond on Friday 8/30/2019. The maturity date of the bond is 3/25/2029 and its yield to maturity is 3.654%. Please answer the...

Create and analyse an Engineering Economics project of your choice from the discussed applications in Chapter 1 in your lecture notes and text book. You must identify a project to study, collect the...

On a 365-day basis, if payment is made on the twentieth day under trade credit terms of 2/10, net 30. How many days is the effective borrowed fund

3. It is not a good idea to put a label on someone and then assume the label tells us everything about the person. As Eric attempts to build rapport with Ms Perez, what other personal characteristics...

Define self-esteem and discuss its impact on your life.

Discuss how selfesteem is developed.