Calculate the present value of $9,000 received 9 years from today if your investments pay 2 percent

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

Question:

Calculate the present value of $9,000 received 9 years from today if your investments pay 2 percent compounded quarterly.

Related Book For answer-question

Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

See More Books

Posted Date: Mar 12, 2024 01:52 PM

See More Questions

1. A securitys equilibrium rate of return is 7 percent. For all securities, the inflation risk premium is 1.65 percent and the real interest rate is 3.25 percent. The securitys liquidity risk premium...
3The firm's Operating Margin is a.17.8% b.21.8% c.24.6% d26.9% 4The firm's Gross Profit Margin is a.32.0% b.34.2% c.36.4% d38.6% 5The firm's Pre-taxable Income is a.1,200,000 b.1,000,000 c.800,000...
Calculate the present value of the following annuity streams: to. $7,000 received each year for 5 years on the last day of each year if your investments pay 6 percent compounded annually. (Do not...
A thermocouple Type K is calibrated in lab condition at 50% relative humidity (RH) prior to outdoor operation. After 12-month in outdoor installation, the thermocouple is again tested at 75% RH. Both...
Why must marketers practice marketing control, and how is it done?
1. No patents are measures that discourage research and development, and all patents are regulations that protect intellectual property. Thus, no measures that discourage research and development are...
In 1940, the family of Thomas Back entered into an oil-and-gas lease with the Inland Gas Corporation. The lease held that Inland would pay to Backs family 12 cents per thousand cubic feet of gas...
Cash budgeting, chapter appendix. Retail outlets purchase snowboards from Slopes, Inc., throughout the year However, in anticipation of late summer and early fall purchases, outlets ramp up...
Discuss the ways in which wrong decision making can impact the success of a project. Highlight the various leadership styles that were utilized in the case. Give examples specifically from the case....
Miss Bella starts her own business Bella Tourism Sdn Bhd. At the end of the Month she record the Journal entry as follow: Please help Miss Bella to complete by transfer to Ledger and Trial Balance No...
2. What does the sort function in MATLAB do? a) Returns the elements in random order b) Returns a copy of an array with elements in decreasing order Returns a copy of an array with elements in...
Threat evaluations should utilise: Question 2 4 2 4 Answer a . . The NCA b . . Vulnerability databases c . . Privacy Notices d . . The GDPR e . . Information Assets
Digital Dice This system counts numbers from 1 1 to 9 9 continuously . . Once user presses a button, it halts and displays two numbers on a 2 2 - digit 7 7 - segment display. If the button is...
which statment is wrong aevaporation takes place at all temperatures , , while boiling occurs at a particular temperature b evapatation is a fast process while boling is a rapid process
19. What is the result of the following MATLAB command: subs(sin(x), x, pi)? a) 1 b) 0 c) -1 d) sin(pi) 20. What is the function of the elseif statement in MATLAB? a) To define an alternative...
1. -----------------------------advertising is when a company compares its brand indirectly with other brands. a comparative b informative c patronage d persuasive e competitive...
A researcher reports a significant two-way between-subjects ANOVA, F(3, 40) = 2.96. State the decision to retain or reject the null hypothesis for this test.
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. In addition, the balance of common stock at the beginning of the year was $ 200,000, and the balance of...
Baskin-Robbins is one of the worlds largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso n Cream. Assume that a local...
On January 1, Lifestyle Pools purchased 25% of Marshall Fences common stock for $ 700,000 cash. By the end of the year, Marshall Fence reported net income of $ 160,000 and paid dividends of $ 60,000...
As an illustration of the difficulty in identifying monopolies, try to decide which of the following are monopolies: a train operating company; your local evening newspaper; the village hairdresser;...
Will competition between oligopolists always reduce total industry profits?
In which of the following industries is collusion likely to occur: bricks, beer, margarine, cement, crisps, washing powder, or carpets? Explain why.

Calculate the present value of $9,000 received 9 years from today if your investments pay 2 percent

Question:

Expert Answer:

To calculate the present value of 9000 received 9 years from today with a ... View the full answer

Financial Accounting

Students also viewed these finance questions