Question: Please explain how to obtain x ($12,339) using the equation above. Thank you. **Ar=3% T=30 T=35 |(1.03)35 = 4000 Ar=3% 1) x=$12,339. **Ar=3% T=30 T=35

Please explain how to obtain x ($12,339) using the equation above.

Please explain how to obtain x ($12,339) using the equation above. Thank you.

**Ar=3% T=30 T=35 |(1.03)35 = 4000 Ar=3% 1) x=$12,339. **Ar=3% T=30 T=35 |(1.03)35 = 4000 Ar=3% 1) x=$12,339

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!

Q:

The cardboard bales produced at a local recycling depot have an average weight of 400kg with a standard deviation of 50kg. a) Assume that the bale weights follow a normal model i) What percentage of...

Q:

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

Q:

I need, I am working on GENERAL ELECTRIC AND UNITED TECHNOLOGIES CORP, I need help GE and UTC Financial Statements Forecast for the next 5 year using the attachment. Throughout this course you will...

Q:

Q3 (10 pts) In Lab9, you watched a video about the Simpson's Paradox . The video has the following narration: "....One study in the UK appeared to show that smokers had a higher survival rate than...

Q:

Froblem &: (EXtra 15 pts) Band structure calculations and analysis based on Kronig Penny model. =+ i =il Researchers in a national lab facility have developed a technique to successfully build 1D...

Q:

2. (33 pt) Consider the following linear programming problem minimize -2.11 - 3.02 + 4.83 subject to 11 + 2.12 0. (2a) Write out the dual problem of the above LP problem. (4 pt) (2b) Use the duality...

Q:

only need help with part c please. please explain how to obtain it; thank you :) Decision on Accepting Additional Business Down Home Jeans Co. has an annual plant capacity of 64,100 units, and...

Q:

What would be the forward rate if theForward Exchange Contract is quoted as AUD/USD0.8040-50 14:10 Select one: a. AUD/USD0.8050-64 b. AUD/USD0.8064-50 c. AUD/USD0.8026-40 d. AUD/USD0.8040-26 e....

Q:

XYZ Company's credit terms are 1/4 net 27. The company estimatesthat 13% of the customers will take the cash discount. What is the average collection period? Please explain how to obtain this

Q:

Please explain how you obtain the answer for each question. Thank you!! 21. Inventory records for Dunbar Incorporated revealed the following: Number Unit Date Transaction of Units Cost Apr. 1...

Q:

please explain how i obtain part b... thank you :) Margin of Safety a. If Canace Company, with a break-even point at $452,600 of sales, has actual sales of $620,000, what is the margin of safety...

Q:

Let u and v be vectors in. It can be shown that the set P of all points in the parallelogram determined by u and v has the form su + bv, for0 ( ( ( 1, 0 ( b (1. Let T: ( be a linear transformation....

Q:

Upon graduation from ULCA, you worked for a large money management compa- ny. Eventually you believe you can be successful on your own and you decided to start your own investment management company....

Q:

In the event of Ashley s death, who would receive the investment account titled in Ashley's name? Would the shares go through probate? Group of answer choices The investment account has a transfer on...

Q:

ach ctin of the statement, use the drop-down menus to accounts. Then enter the account balances and calculate alances. Enter decreases in cash with a minus sign or eses. Cash balance, December 1,...