What is the present value of $1,000, received four years from now, using a periodic interest rate
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Answered By
Antony Mutonga
I am a professional educator and writer with exceptional skills in assisting bloggers and other specializations that necessitate a fantastic writer. One of the most significant parts of being the best is that I have provided excellent service to a large number of clients. With my exceptional abilities, I have amassed a large number of references, allowing me to continue working as a respected and admired writer. As a skilled content writer, I am also a reputable IT writer with the necessary talents to turn papers into exceptional results.
4.50+
2+ Reviews
10+ Question Solved
Related Book For
Construction accounting and financial management
ISBN: 978-0135017111
2nd Edition
Authors: Steven j. Peterson
Question Posted:
Students also viewed these Finance questions
-
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?
-
Using Exhibit 3, what is the present value of $7,000 to be received in 10 years, if the market rate of interest is 7% compounded annually?
-
Using Exhibit 3, what is the present value of $3,000 to be received in seven years, if the market rate of interest is 12% compounded annually?
-
What is unrealistic about the domino fault model?
-
In Fig. 33-41, a beam of un-polarized light, with intensity 43 W/m2, is sent into a system of two polarizing sheets with polarizing directions at angles θ1 = 70° and θ 2...
-
Shelia Young started a real estate business at the beginning of January. After approval by the state for a charter to incorporate, she issued 1,000 shares of stock to herself and deposited $20,000 in...
-
A jet engine is to be designed for an altitude of \(12,000 \mathrm{~m}\), where the atmospheric pressure is \(19.3 \mathrm{kPa}\). The jet nozzle has a supersonic exit Mach number and is perfectly...
-
Borysko Company makes and sells products with variable costs of $47 each. Borysko incurs annual fixed costs of $22,400. The current sales price is $63. Required The following requirements are...
-
Maple Woods Inc. manufactures lounge chairs available in both a luxury and a standard model. The company has made the standard model for years; the luxury model was introduced several years ago to...
-
The steel pipe AB has a 102 mm outer diameter and a 6 mm wall thickness. Knowing that arm CD is rigidly attached to the pipe, determine the principal stresses and the maximum shearing stress at point...
-
What is the present value of $1,000, received ten years from now, using a periodic interest rate of 12% compounded annually?
-
What is the future value, ten years from now, of ten $1,000 cash flows using a periodic interest rate of 8% compounded annually? The cash flows are made at the end of each year.
-
In each of the following examples, describe how the information given about consumer demand helped managers develop the appropriate strategies to increase profitability and how this information was...
-
Isopropanol can dehydrate to either propylene or diisopropyl ether over the temperature range: 25 - 300C and 1 bar total pressure. Analysis of the reaction system detects isopropanol, diisopropyl...
-
How can local government shape the lives of citizens? l reform be provided by citizens or the government? Is volunteering a responsibility of all citizens? Why or why not?
-
A two-shell-eight-tube-pass heat exchanger is used as an economizer by heating a 1000 1/min10C stream of water with another 1000l/min stream of 75C water. If the NTU value for the economizer is 0.45,...
-
Net sales Cost of sales Gross profit Operating expenses: ZAGG INC AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (amounts in thousands, except per share amounts) For the Years Ended December...
-
2. When preparing different types of meet cuts how would you prepare a rack of lamb using Frenching technique
-
You are given a portfolio of three assets whose returns are jointly normally distributed with the following mean vector and covariance matrix: (a) Compute the 95% VaR for the portfolio if we invest...
-
In Exercises 1-2, rewrite each verbal statement as an equation. Then decide whether the statement is true or false. Justify your answer. 1. The logarithm of the difference of two numbers is equal to...
-
When Coke and Pepsi spend millions on ads trying to convince customers that their products are unique, they are pursuing a ____________ strategy. (a) transnational (b) concentration (c)...
-
The Rodriguez Company is considering an average-risk investment in a mineral water spring project that has a cost of $150,000. The project will produce 1,000 cases of mineral water per year...
-
Shao Industries is considering a proposed project for its capital budget. The company estimates that the project's NPV is $12 million. This estimate assumes that the economy and market conditions...
-
BPC has decided to evaluate the riskier project at a 12 percent rate and the less risky project at a 10 percent rate. a. What is the expected value of the annual net cash flows from each project?...
-
Using the following information: a. The bank statement balance is $3,048. b. The cash account balance is $3,300. c. Outstanding checks amount to $755. d. Deposits in transit are $809. e. The bank...
-
Determine the average tax rate and the marginal tax rate for each of the following instances: Use the Tax Tables for taxpayers with taxable income under $ 1 0 0 , 0 0 0 and the Tax Rate Schedules for...
-
A machine was bought on 1 st January 2 0 1 7 for $ 1 2 , 0 0 0 . The policy is to depreciate the machine at 1 0 % on reducing balance method at the end of each year, ending on 3 1 st December....
Study smarter with the SolutionInn App