What amount today is economically equivalent to $8000 paid 18 months from now, if money is worth
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (16 reviews)
Given FV 8000 i 512 04...View the full answer
Answered By
Benard Ndini Mwendwa
I am a graduate from Kenya. I managed to score one of the highest levels in my BS. I have experience in academic writing since I have been working as a freelancer in most of my time. I am willing to help other students attain better grades in their academic portfolio. Thank you.
4.90+
107+ Reviews
240+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
You have won a court judgment entitling you to a one-time payment of $100,000. Due to legal delays and appeals, your attorney estimates it will take 2 years for you to actually collect the $100,000....
-
You have won a court judgment entitling you to a structured settlement of $1,000,000, payable in 4 installments of $100,000, $200,000, $300,000, and $400,000 at the end of years 1, 2, 3, and 4,...
-
You have won a contest. Your prize consists of 5 payments of $10,000 made at the end of years 2, 4, 6, 8 and 10 (assume that "right now" equals time zero), or a one-time lump-sum cash payment made at...
-
A contract is started on 1 January 2015, with an estimated completion date of 31 December 2016. The final contract price is $1,500,000. In the first year, to 31 December 2015: Costs incurred...
-
Bar Company, which is in financial difficulty and in the process of a voluntary reorganization, has agreed to transfer to a creditor a copyright it owns in full settlement of a $150,000 note payable...
-
This chapter has introduced methods for solving systems of equations, including substitution and elimination, and matrix methods such as the Gauss-Jordan method and Cramers rule. Use each method at...
-
Tests of the fidelity and the selectivity of 190 digital radio receivers produced the results shown in the following table: Use the 0.01 level of significance to test whether there is a relationship...
-
What makes social media social isits give and take, says Jeff Gerst ofBolin Marketing, who manages theCarmex social media properties. Bygive Gerst is referring to the feedbackconsumers send on social...
-
What is the potential difference between two parallel plates separated by a distance of 0 . 0 2 5 m if the electric field strength between the plates is E = 4 . 0 0 x 1 0 4 V / m ?
-
About designing a smart refrigerator system Required: Determining the task that the refrigerator is doing (reading the barcode of the products and determining the expiry date) Write a scenario for...
-
The maturity value of an investment after 42 months is $9704.61. What was the original investment, if it earned 7.5% compounded semiannually?
-
If your clients objective is to have $10,000 in four years, how much should he invest today in a product earning 5.5% compounded annually? (Taken from CIFP course materials.)
-
Find the speed of light in miles per hour.
-
The most important influence on the exchange rate between two countries is _______. a) the relative price levels of the two countries b) the relative growth rates of the two countries c) the relative...
-
Product differentiation can take place ________. a) only if there are physical differences among the products b) only if there are no physical differences among the products c) whether or not there...
-
Which statement is true? a) Most of American industry is engaged in cutthroat competition. b) Most of American industry does not compete. c) Some oligopolistic industries are more competitive than...
-
Today currency exchange rates are set mainly by _______. a) the International Monetary Fund b) the U.S. Treasury c) bilateral agreements between trading nations d) supply and demand
-
Which of these could not be considered cutthroat competitors? a) members of Japanese dangos b) McDonalds and Burger King c) Costco and Sams Club d) gas stations at the same intersection
-
The average amount of solar energy received at the earths surface in a certain location is approximately 1350 W/m 2 . This energy can be used in a solar power plant, because of the reradiation of...
-
Which of the ocean zones shown would be home to each of the following organisms: lobster, coral, mussel, porpoise, and dragonfish? For those organisms you identify as living in the pelagic...
-
A company is considering buying a new piece of machinery. A 10% interest rate will be used in the computations. Two models of the machine are available. (a) Determine which machine should be...
-
Equipment costing $20,000 that is a MACRS 3-year property is disposed of during the second year for $14,000. Calculate any depreciation recapture, ordinary losses, or capital gains associated with...
-
An asset with a 8-year ADR class life costs $50,000 and was purchased on January I, 2001. Calculate any depreciation recapture, ordinary losses, or capital gains associated with selling the equipment...
-
A regional electrical distributor currently has 1,000 customers who buy an average of $5,000 per year, generating a 50% margin. From experience, the company knows that 20% of its customers will not...
-
Suppose you observed that one-year T-bills are trading with a yield to maturity (YTM) of 4.75%. The yield spread between AAA and BB rated corporate bonds is 130 basis points. The maturity yield...
-
You have $36,000 to Invest in Sophie Shoes, a stock selling for $60 a share. The initial margin requirement is 65 percent. calculate your rates of return if the stock rises to $90 a share and if it...
Study smarter with the SolutionInn App