Question: 6. . 7. How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%? O a. 5656.09 8. 9.

6. . 7. How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%? O a. 5656.09 8. 9. o O 10. b. 5537.78 O c5618.45 O d. $451.74 O e. 5661.47 11. 12 My qu O 13

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!

Residents from the Town of Mountain View authorized a $5,000,000 renovation to their historic town hall on November 15, 2019. Financing for the project consists of $2,500,000 from a 5 percent serial...

how much would $20 000 due in 50 years be worth today if the discount rate were 5%

N D St. What they do that? S N 1 PMT PV 1,000 to year he way the PMT WE 96 M 1.000.000 N 1 20 PUT PY 31.000.000 61 S THAT wally before we must year with the Water word 10 2232 100 100 Why Buy the bed...

How mu Ch would $10, 000 due in 50 years be worth today if the discount rate were 7.5%

rue/False Indicate whether the statement is true or false. ____1.If the discount (or interest) rate is positive, the present value of an expected series of payments will always exceed the future...

please answer with steps 11- Your bank account pays a 6% nominal rate of interest. The interest is compounded quarterly. Which of the following statements is CORRECT? a. The periodic rate of interest...

A quiz for MBA finance 570 True/False Indicate whether the statement is true or false. ____ 1. The major advantage of a general partnership or a corporation as a form of business organization is the...

1. You want to buy a car, and a local bank will lend you $35,000. The loan would be fully amortized over 3 years (36 months), and the nominal interest rate would be 15%, with interest paid monthly....

- Suppose a U.S. government bond promises to pay $1,000 five years from now. If the going interest rate on 5-year government bonds is 5.5%, how much is the bond worth today? a. $765.13 b. $803.39 c....

71. Last year Dania Corporation's sales were $525 million. If sales grow at 9.8% per year, how large (in millions) will they be 8 years later? a. $1,142.39 b. $1,109.12 c. $1,364.22 d. $1,131.30 e....

1. The factor that affects interest rates is: a. production opportunity cost of cash b. time preference for consumption c. inflation d. risk e. all of the above 2. Suppose that you are promised $100...

Casamoca's common stock is selling for RM70 and recently paid dividends of RM5 per share based on earning per share (EPS) of RM10. Firm's return on equity (ROE) is 15% and required rate of return is...

An explosives company specializes in bringing down old buildings. The time it takes for a particular piece of flying debris to fall to the ground can be modelled by the function h(t)=-18 (t+3) + 180...

What are advantages of enumerated types? They make the code clearer as they are self documenting They use less memory, an integer value, rather than storing a string value They aid in code...

Find a job description that needs updating or find a job that doesn't have a job description, conduct a job analysis and job evaluation for the job, and then rewrite the job description using the...

A Is it ethical to share your concerns with Evelyn? Or is it more appropriate to keep quiet in this situation?

4. Establishing a relationship with the audience is important when giving a speech. Make a list of all of the possible members of your audience. How do you plan to connect with all members of the...

Connect with your audience