What is the present value of $ 7 comma 000 received: a. Twenty years from today when

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

Question:

What is the present value of $ 7 comma 000 received: a. Twenty years from today when the interest rate is 8 % per year? b. Ten years from today when the interest rate is 8 % per year? c. Five years from today when the interest rate is 8 % per year?

Related Book For answer-question

Construction accounting and financial management

ISBN: 978-0135017111

2nd Edition

Authors: Steven j. Peterson

See More Books

Posted Date: Sep 11, 2019 09:15 PM

See More Questions

What is the present value of twenty $500 cash flows that occur at the end of each year for the next twenty years at a periodic interest rate of 7.5% compounded annually? The first cash flow occurs a...
What is the present value of five $800 cash flows that occur at the end of each year for the next five years at a periodic interest rate of 8% compounded annually? The first cash flow occurs a year...
What is the present value of a. $7,900 in 10 years at 11 percent? b. $16,600 in 5 years at 9 percent? c. $26,000 in 14 years at 6 percent?
Who was considered the nemesis of Booker T. Washington in The Awakening of the New Negro and why?
Suppose the same client as in the previous problem prefers to invest in your portfolio a proportion (y) that maximizes the expected return on the overall portfolio subject to the constraint that the...
Knowing that mB = 70 kg and mC = 25 kg, determine the magnitude of the force P required to maintain equilibrium. 3 m 5 m anc
Jason Cannon purchased a defective tractor for which Cannon brought numerous causes of action against Bodensteiner Implement Company (Bodensteiner). One of the claims was breach of express...
A manufacturing company has two service and two production departments. Building Maintenance and Factory Office are the service departments. The production departments are Assembly and Machining. The...
3. A region has the peak-period electricity demand in MWh given by D(r) = { 40,008 rif r 64 104,000 1,000r if r64 6 Exercises for Markets Module by Metin akanyldrm where r is the wholesale price in...
Suspect Company issued $600,000 of 9 percent first mortgage bonds on January 1, 20X1, at 103. The bonds mature in 20 years and pay interest semiannually on January 1 and July 1. Prime Corporation...
What is the major feature of Thorndike's Law of Effect? * (1 Point) Learned stimulus-response association is strengthened based on the effect of the response The stimulus-response association causes...
What is the time during which audience members may stand and stretch, use the restroom, or purchase refreshments?
Option 2 - Linked List - Josephus Problem Linked List Specification: Create a Templated/Generic Linked List. This can be a Singly Linked List, a Singly Circular Linked List, a Doubly Linked List or a...
Emma owns 40% of FitMe, Inc. She sells the corporation workout equipment with a fair market value of $45,000. The corporation pays Emma $55,000 for the equipment. How much income, if any, does Emma...
Data regarding Lager Ltd.'s production for the year is given below: Cost per unit Amount in dollars Direct labour $15.25 Direct material 9.00 Applied manufacturing overhead 6.75 Additional...
Student has asked to develop an enterprise application " Online Hotel Booking" to implement the CRUD with Spring Boot MVC and Spring Data JPA tools . The web application should have the following...
7. (10 points) The Wechsler Adult Intelligence Scale-Revised (WAIS-R) follows a Normal model with mean 100 and standard deviation 15. a. Draw and clearly label the model in order to use the Empirical...
Huntingdon Capital Corp. is a competitor of Plazacorp and First Capital Realty. Huntingdon reported the following selected information (in millions):...
Using the chart of accounts in Figure 2-1, determine the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as the result of paying the employees in Problem 2 for...
Draw a cash flow diagram for the following cashflow: YEAR Receipts (S) Disbursements ($) 0 2 3 4 1,000 0 0 2,000 2,000 1,000 4,750 0 0 0
Using the tax rates for the year 2006, determine the amount of federal income tax that is due for a C corporation that has a taxable income of $356,000.
Who was Phar-Mors flamboyant Chief Executive Officer?
Which of the following generally is not considered something of value? 1. Cash, money or checks 2. Airline miles or hotel credits associated with frequent activity (e.g., frequent flier miles) 3. An...
Can you create a graphic that highlights each incidence where Fairmont was not in compliance with company policy that requires explicit approval of all hours of eighty hours or more?

What is the present value of $ 7 comma 000 received: a. Twenty years from today when

Question:

Expert Answer:

The present value is computed by using the below mentioned formula ie Present value Fut... View the full answer

Construction accounting and financial management

Students also viewed these finance questions