Question: I NEED THE ANSWER WITHIN 35 MINUTES PLEASE!! A certain investment will pay $10,000 in 20 years. If the annual return on comparable investments is

I NEED THE ANSWER WITHIN 35 MINUTES PLEASE!!

A certain investment will pay $10,000 in 20 years. If the annual return on comparable investments is 8%, what is this investment currently worth? Show your work.

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 Accounting Questions!

Help me answer the following questions.,,, 1. A certain investment will pay you $10,000 in 10 years. It will ALSO pay you 300 at the end of cach of the next 10 years (i.e. years 1 thru 10). If...

please recheck the answers (something is wrong) thank you TABLE B.2 Future Value of 1 f = (1 + i)" Rate Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 15% 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18...

Provided are links to the present and future value tables (PV of $1. EV of $1. PVA of $1, and FVA of S1) (Use appropriate foctor(s) from the tables provided. Round your answer to the nearest whole...

I need the answer please. I've attached the table as well Saved Save & E B. NPV/KR) 100 pts. Due: Jan 24 Help Provided are links to the present and future value tables PV of $1; FV of $1. PVA of S1,...

2 points 1 Check my work Mike Derr Company expects to earn 8% per year on an investment that will pay $606,000 nine years from now. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate...

Jones expects an immediate investment of $53,349.00 to return $10,000 annually for eight years, with the first payment to be received one year from now. What rate of interest must Jones earn? (PV of...

Exercise B-18 Practical applications of the time value of money LO P1, P2, P3, P4 Provided are links to the present and future value tables: (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use...

12 i already pay for cheg so please answer the question or give it to someone else. Provided are links to the present and future value tables: (PV of \$1. EV of \$1, PVA of \$1, and EVA of \$1) (Use...

need help please. Provided are links to the present and future value tables: (PV of \$1. EV of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) a. How much would...

Provided are links to the present and future value tables: (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Round your answer to the nearest...

The following transactions are July 2011 activities of Bobs Bowling, Inc., which operates several bowling centers (for games and equipment sales). For each of the following transactions, complete the...

A listing of 46 mutual funds and their 12-month total return percentage is shown in Table 3.5 (Smart Money, February 2004). a. What are the mean and median return percentages for these mutual funds?...

General Journal 1 Received cash from the sale of common stock, $ 1 4 , 0 0 0 . 2 Received cash for providing accounting services, $ 9 , 5 0 0 . 3 Billed customers on account for providing services, $...

Please help it's urgent thank you. please write 400-450 words. thank you QUESTION 4 (20 MARKS) The success of any project is dependent on a diverse range of skills, abilities and competencies of the...

14. Now reconcile what you answered to problem 15 with problem 13.

11. In what environment or contexts is it the value you want others to associate you with that the value can best be expressed in? Do you seek out these contexts to learn?

2. In this chapter, the reader should reflect on the following concepts: action strategies, values and criteria.